Chilean CSAV makes deficit
In spite of improving its operations, Chiilean CSAV was unable to achieve a positive result.
BY JØRGEN RUDBECK
Chilean container carrier CSAV was hit hard by low freight rates and high fuel prices in the 3rd quarter of the year, and even though the Santiago-based carrier boasts of having reduced its operating costs significantly, there is no way around the fact that the total result was disappointing.
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