Reefer market as joker in container merger
The lucrative South American reefer market could be one reason behind the potential merger between Hapag-Lloyd and Chilean CSAV, says Lars Jensen, partner and CEO of SeaIntel.
BY OLE ANDERSEN
In spite of achieveing extremely poor financial results in recent years, and being one of the Top 20 carriers to have performed worst during the crisis, Chilean CSAV has developed into a strong niche player in South America and in reefer transports on the north-south routes, says Lars Jensen, partner and CEO of analysts SeaIntel, in a comment on the current merger talks taking place between Hapag-Lloyd and CSAV, talks that were confirmed by both parties in separate statements published late Wednesday night.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Chilean CSAV makes deficit
For subscribers
Korean banks secure new ships for CSAV
For subscribers
Hapag-Lloyd stays in black
For subscribers
.jpg&w=384&q=75)
