Reefer market as joker in container merger
![Photo: Hapag-Lloyd](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article4644199.ece/ALTERNATES/schema-16_9/LondonExpress01_print.jpg)
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.
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