Independent journal on economy and transport policy
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After seven consecutive trimesters in red Chilean CSAV it returns to the profit
In the first nine months of this year the transported containerized volumes from the fleet are diminished of 41.7%
October 31, 2012
After seven consecutive trimesters in red the Compañía American South de Vapores (CSAV) it returns to the profit. The Chilean shipowning society in fact has concluded the third trimester of this year with a profit clearly of 55,8 million dollars on revenues for 854,7 million dollars respect to a net loss of 357,5 million dollars on revenues for 1,154, 0 million dollars in the correspondent period of 2011. The operating result has been positive for 37,3 million dollars respect to a result negative for 354,9 million dollars in the period July-september last year. The relative data to 2011 do not include the economic performances generated by branch SAAM, that it has been object of a put into effect spin-off last February ( on 12 January 2012).
In the first nine months of the 2012 CSAV it has recorded a net loss of 289,7 million dollars on revenues for 2,619, 9 million dollars respect to a net loss of 913,2 million dollars on revenues for 3,770, 4 million dollars in the correspondent period of 2011 (always given to clearly of results SAAM). The operating result of the first nine months of this year has been negative for 199,7 million dollars respect to a result negative for 949,2 million dollars in the period January-september of 2011.
In the first nine months of this year the fleet of portacontainer of the Chilean company has transported cargo volumes 1.469.900 pairs to container teu, with a decrease of 41.7% regarding the correspondent period of 2011.
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After seven consecutive trimesters in red the Compañía American South de Vapores (CSAV) it returns to the profit. The Chilean shipowning society in fact has concluded the third trimester of this year with a profit clearly of 55,8 million dollars on revenues for 854,7 million dollars respect to a net loss of 357,5 million dollars on revenues for 1,154, 0 million dollars in the correspondent period of 2011. The operating result has been positive for 37,3 million dollars respect to a result negative for 354,9 million dollars in the period July-september last year. The relative data to 2011 do not include the economic performances generated by branch SAAM, that it has been object of a put into effect spin-off last February 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
