Wednesday, December 3, 2014
Tuesday, December 2, 2014
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.
Tuesday, September 2, 2014
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.
Friday, July 11, 2014
Tuesday, June 17, 2014
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.
Friday, March 21, 2014
Thursday, February 27, 2014
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.
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.
Wednesday, January 22, 2014
Sunday, January 12, 2014
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.
Thursday, December 5, 2013
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 Americaâ€™s largest container shipper is negotiating a merger with German rival Hapag-Lloyd AG.
Tuesday, October 1, 2013
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.
Tuesday, August 20, 2013
Tuesday, August 13, 2013
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...
Wednesday, July 17, 2013
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...
Tuesday, April 16, 2013
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...
Thursday, April 4, 2013
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...
Wednesday, January 23, 2013
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...
Wednesday, October 31, 2012
Be the First
Join the 73,553 members that receive our newsletter.Have a news tip? Let us know.