Company Description
Compañía Sudamericana de Vapores (CSAV) is a Chilean shipping company. Founded in 1872, it is one of the oldest shipping companies in the world and, currently, one of the largest in Latin America. CSAV is a corporation that has been listed on the stock market since 1893. The company offers transportation services, such as the maritime carriage of liquid and solid bulk cargoes, refrigerated cargo, cars and heavy equipment. Quiñenco, the Luksic family’s holding, became part of the ownership of CSAV in 2011 and, after a capital increase in February 2012, the group became the legal comptroller of the company, currently with 54.5% of the ownership. Quiñenco is one of the most important conglomerates in Chile, with consolidated assets over US$57 billion. It controls an important number of leading companies, such as Banco de Chile, CCU, Invexans, Madeco, SM SAAM and Enex (licensee of Shell in Chile).
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