CSAV reduces deficit once again
Chilean CSAV, which is awaiting regulatory approval for a merger with German Hapag-Lloyd, reduced its deficit by 24.2 percent in the 3rd quarter, according to Seatrade Global.
BY KATRINE GRØNVALD RAUN
Compañía Sudamericana de Vapores (CSAV) is still struggling with a deficit, but the carrier managed to cut another slice off in the 3rd quarter. The Chilean container carrier suffered a USD 35.4 million deficit, a 24.2 percent improvement compared to the same period last year, where the carrier lost 46.7 million, reports Seatrade Global.
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