Compañía Sud Americana de Vapores S.A. (CSAV) is a shipping company based in Chile. Its main business is container shipping, through its interest acquired in 2014 in the German company Hapag-Lloyd AG, the world’s fifth-largest shipping line in this segment.
CSAV is a principal shareholder with a 30% interest in Hapag-Lloyd and it is party to a shareholder agreement that controls over 70% of that company. Thus, CSAV exercises significant influence and joint control over Hapag-Lloyd, so it is classified in its financial statements as a joint venture. Its investment in Hapag-Lloyd represents over 85% of the Company’s consolidated assets, which is now its main and only business since July 2020 after closing its directly operated services.
Hapag-Lloyd is the fifth-largest container shipping company in the world, operating one of the most modern, ecological and efficient fleet in the industry.
With a fleet of 302 container vessels and a total transport capacity of approximately 2.5 million TEU, Hapag-Lloyd is one of the world’s leading liner shipping companies. The company operates around 130 regular shipping services connecting more than 600 ports worldwide through a network of 400 offices in 140 countries.
Hapag-Lloyd also owns one of the industry’s largest fleets of refrigerated containers and holds stakes in 24 strategic terminals across Europe, Latin America, the United States, India, and North Africa. Since February 2025, Hapag-Lloyd has been part of the Gemini Cooperation together with Maersk, an operational alliance that has achieved reliability levels exceeding 90% and operates one of the most extensive and efficient east-west shipping networks in global maritime transportation.
More information about Hapag-Lloyd available on their website www.hapag-lloyd.com.
indicators of hapag-lloyd
by December 31th, 2025