Independent journal on economy and transport policy
11:36 GMT+2
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Green light of the shareholders of the CSAV to the increase of capital of 500 million dollars
the emission of 6,75 million actions will happen in the course of this year
May 2, 2013
Past monday the assembly of the shareholders of the shipowning company Chilean Compañía American South de Vapores (CSAV) has approved of an increase of capital of 500 million dollars with the objective to finance the acquisition of the seven new portacontainer from 9.300 teu that last month the company has ordered to the Samsung Heavy Industries South Korean let alone to beforehand pay the debit with the insurance company American Family Life Assurance Co. and to allow the follow-up of the development plans of the CSAV ( of the 4 and 16 April 2013).
CSAV previews to carry out the increase of vital within this year with the emission of 6,75 million sets in action.
"With this investment - the managing director of the Chilean shipowning group has commented, Oscar Hasb ún - CSAV will have one of the more efficient fleets of the field and its effettuazione is time to strengthen our strategy to consolidate politics of activity in cooperation and the generation of economies of scale. To have ships of large-capacity and with a efficient consumption of the fuel to a cost that can be considered a lot us interesting regarding the standards of the competition it allows to over the long term equip us of a competitive advantage in the mean and".
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