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.

Photo: Hapag-Lloyd

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.

CSAV becomes a niche player

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs