Hapag-Lloyd's Chilean acquisition suffers massive deficit

Chilean CSAV, which is set to become part of German Hapag-Lloyd, suffered a USD 58.5 million deficit in the second quarter. An improvement in a still difficult market, says the carrier's CEO.

BY KATRINE GRØNVALD RAUN

Compania Sudamericana de Vapores (CSAV) reduced its deficit in the 2nd quarter, compared to the same period last year, with a deficit of USD 58.5 million. A 11.2 percent improvement, according to the interim report.

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