Hapag-Lloyd said since its merger with CSAV, Latin America represented more than a third of its total transport volumes versus around 22 percent previously – with the group among the top four lines in the region.
Ship container line Hapag-Lloyd has placed an order for five vessels as it looks to bolster trade in Latin America ahead of next year’s planned expansion of the Panama Canal, the world’s fourth biggest player said on Monday.
Hamburg-headquartered Hapag-Lloyd, which completed a merger with Chile’s Compania Sud Americana de Vapores (CSAV) in December, said it had placed an order for five 10,500 TEU ships, scheduled for delivery between October 2016 and May 2017.