Wednesday, December 3, 2014
Maritime News

Hapag-Lloyd CEO: IPO Not a Priority After Merger

German container shipping group Hapag-Lloyd, which is merging with Chile's Compania SudAmericana de Vapores, is in no rush to list its share on the stock exchange, its chief executive said on Wednesday.

December 3, 2014
Total Views: 3

Tuesday, December 2, 2014
Maritime News

Done Deal: Hapag-Lloyd and CSAV Complete Merger, Become World’s Fourth Largest Liner Shipping Company

The merged company will have around 200 vessels with a total capacity of approximately one million TEU, transporting some 7.5 million TEU every year.

December 2, 2014
Total Views: 4

Tuesday, September 2, 2014
hapag-lloyd

News That CSAV Is The Least Profitable Boxline Overshadows Hapag-Lloyd Merger

The scale of the challenge facing Hapag-Lloyd’s management team overseeing the integration of CSAV has been underlined by new research from Alphaliner which shows how the Chilean carrier was the least profitable shipping line in the first half of this year.

September 2, 2014
Total Views: 0

Friday, July 11, 2014
csav traiguen
Incidents

CSAV Boxship Loses Containers in Typhoon [IMAGES]

The following images were sent to us from an anonymous source showing containers allegedly hanging off the side of the containership CSAV Traiguen as a result of the ship’s recent...

July 11, 2014
Total Views: 6

Tuesday, June 17, 2014
Maritime News

Loss-Making CSAV Revamps Liner Division to Prepare for Merger with Hapag-Lloyd

In preparation for its container business merging into a “new” Hapag-Lloyd this year, troubled Chilean carrier CSAV is restructuring its liner business, according to Alphaliner.

June 17, 2014
Total Views: 1

Friday, March 21, 2014
News

CSAV Shareholders Approve Hapag-Lloyd Tie-Up

Shareholders of Chilean shipper Compania SudAmericana de Vapores on Friday approved an agreement that combines its container-shipping operations with those of Germany's Hapag-Lloyd.

March 21, 2014
Total Views: 0

Thursday, February 27, 2014
News

CSAV Agrees to $8.9 Million Fine for Price Fixing Scheme

Chilean shipping firm Compania Sudamericana de Vapores has agreed to plead guilty to a price-fixing conspiracy and pay an $8.9 million criminal fine to the U.S. government, the U.S. Justice Department said on Thursday.

February 27, 2014
Total Views: 2

Thursday, January 23, 2014

CSAV Shares Sink On Hapag-Lloyd Merger Deal

Cia. Sud Americana de Vapores SA fell the most in more than two years after the Chilean shipping company reached an agreement to combine operations with Germany’s Hapag-Lloyd AG.

January 23, 2014
Total Views: 1

Wednesday, January 22, 2014
hapag-lloyd
Maritime News

CSAV and Hapag-Lloyd Agree to Merger Deal

Cia. Sud Americana de Vapores SA, controlled by Chile’s billionaire Luksic family, signed an agreement with Germany’s Hapag-Lloyd AG to combine operations and form the world’s fourth largest container shipping company.

January 22, 2014
Total Views: 1

Sunday, January 12, 2014
hapag-lloyd

Hapag-Lloyd to Reach Deal to Buy CSAV in January – REPORT

German container shipping company Hapag-Lloyd is nearing a deal to buy Chilean shipper Compania Sud Americana de Vapores (CSAV), a German newspaper reported.

January 12, 2014
Total Views: 0

Thursday, December 5, 2013
News

Hapag-Lloyd Addresses Rumored CSAV Merger Talks

Talks are focused on whether “a possible business combination or any other form of association would be of mutual interest,” Hamburg-based Hapag-Lloyd said in a statement today.

December 5, 2013
Total Views: 2

Wednesday, December 4, 2013

CSAV Surges on Reported Merger Talks with Hapag-Lloyd

Cia. Sud Americana de Vapores SA surged the most in more than a year after Die Welt newspaper reported that Latin America’s largest container shipper is negotiating a merger with German rival Hapag-Lloyd AG.

December 4, 2013
Total Views: 0

Tuesday, October 1, 2013
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News

CSAV Signs $347 Million Loan Deal To Help Buy Ships

Chilean shipper Compania Sud Americana de Vapores said on Tuesday it agreed with a consortium of banks to take on $347 million in loans to help pay for the purchase of seven new ships.

October 1, 2013
Total Views: 0

Tuesday, August 20, 2013
Maritime News

CSAV Launches Stock Offer Short of Goal

Chilean shipper Compania Sud Americana de Vapores on Tuesday kicked off a share offering, which it hopes will raise about $330 million -- an amount short of its goal of $500 million.

August 20, 2013
Total Views: 1

Tuesday, August 13, 2013
m/v puelo containership
Maritime News

Diana Containerships to Acquire Pair of Post-Panamax Vessels

Diana Containerships Inc. (Nasdaq:DCIX) has signed two Memoranda of Agreement to purchase from an unaffiliated third party two Post-Panamax container vessels, the M/V Puelo and the M/V Pucon. These 6,500...

August 13, 2013
Total Views: 2

Wednesday, July 17, 2013
Blog

CSAV Improves Results After Abandoning Global Aspirations for North-South Focus

By Gavin van Marle, The last remaining major South American shipping line, Chile’s CSAV, is beginning to reap the benefits of a concerted change in strategy that has seen a...

July 17, 2013
Total Views: 0

Tuesday, April 16, 2013
CSAV
News

CSAV Places Big Containership Order with Samsung Heavy

It’s been a good couple days for Samsung Heavy Industries. After winning an order for two LNG carriers yesterday, they have just announced another big order from Compania Sud Americana de...

April 16, 2013
Total Views: 0

Thursday, April 4, 2013
csav logo

CSAV Plans $570 Million Containership Binge

SANTIAGO, April 4 (Reuters) – Chilean shipper Compania Sud Americana de Vapores said it would spend $570 million to purchase seven container ships and prepay debt, and it will seek...

April 4, 2013
Total Views: 0

Wednesday, January 23, 2013
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finance

CSAV Emerges from the Darkness as Highest Returning Container Shipper

Jan. 23 (Bloomberg) — Chile’s richest family has turned the world’s worst-performing container shipper into a champion by shedding rented vessels and unprofitable trade routes. Cia. Sud Americana de Vapores...

January 23, 2013
Total Views: 2

Wednesday, October 31, 2012
Compania Sud Americana de Vapores SA csav
finance

CSAV Earns First Quarterly Profit Since 2010

Chilean shipper Compania Sud Americana de Vapores SA (VAPORES.SN) posted a quarterly profit for the first time in two years. The company reported a net profit of $55.8 million in the third...

October 31, 2012
Total Views: 0