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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.

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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