News / CSAV improves results after abandoning global aspirations for north-south focus

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The last remaining major South American shipping line, Chile’s CSAV, is beginning to reap the benefits of a concerted change in strategy that has seen a profound shift in its fleet and network strategies since the liner shipping crisis.

Juan Pablo Richards, the line’s senior vice-president in Europe, told delegates at the recent TOC Container Supply Chain event in Rotterdam that after sailing perilously close to bankruptcy in 2011 the carrier had changed tack – abandoning ambitious plans to turn itself ...