Compañía Sudamericana de Vapores, S. Latin America the encyclopedia americana pdf also one of the oldest ones, having been founded in 1872. Origina
Compañía Sudamericana de Vapores, S. Latin America the encyclopedia americana pdf also one of the oldest ones, having been founded in 1872.
Originally, the company’s business consisted exclusively of coastal shipping, but had a rapid expansion from the west coast of South America to the Panama Canal when this was opened to regular traffic. Soon, its business expanded further to offer shipping to the rest of the world. Now, their main business is container shipping and offers others services like dry bulk, liquid bulk, refrigerated cargo and vehicle transport. CSAV, like its subsidiaries Libra, Libra Uruguay y CSAV Norasia, carry cargo mainly in containers.
The company is listed on the Santiago Stock Exchange since 1893. With over 140 years, CSAV has played a crucial role in the development of foreign trade in Latin America. Previously owned by the Claro Group, CSAV is now controlled by the Luksic Group since February 2012. CSAV’s main business is container shipping, which accounts for approx. Other businesses are car carrier, non-containerized refrigerated cargo, dry bulk and liquid bulk transport.
In March 2011, Quinenco S. CSAV, subsequently increased to 54. 1 billion in new ships, which entered into service within the past three years. Recently the company ordered the construction of seven new ships of 9,300 TEUs each at an additional investment of U. The last of these new ships will be delivered in 2015.