CSAV makes roro business exit

csav-roro

CSAV has decided to close its maritime vehicle transport (RoRo) business and focus on its container shipping business.

“The decision was taken by CSAV in the context to focus all its economics and administration efforts on managing and developing its main business: its stake in the German shipping company Hapag-Lloyd,” the company said in a statement.

To date, CSAV is the main shareholder in Hapag-Lloyd, in addition to being a member of the controlling shareholders agreement with the City of Hamburg and Kühne Maritime.

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