Key ex-managers of Chile’s largest shipper, CSAV, will join forces with Chilean fruit exporters Rio Blanco and Verfrut to form a new shipping company, local newspaper El Mercurio reported.
United Cargo will be formed with Chilean capital, have its own cargo ships and is expected to focus on fruit exports.
Chile’s shipping volume has shown signs of recovery, and new actors, such as South Korea’s Hanjin Shipping, have targeted South America recently.