Hapag-Lloyd

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CSAV ends 2025 with 45% drop in profits due to lower rates

Compañía Sudamericana de Vapores (CSAV), part of Grupo Luksic, reported profits of US$213.1 million for 2025, down 45% from 2024. The decline stems mainly from lower results at its key investment Hapag-Lloyd, due to reduced freight rates and higher operating costs.

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