Descargar Flecha Cerrar Vínculo externo Fortalecer la creación de valor de los principales negocios Continuación de la expansión controlada Formación de alianzas estratégicas Adquirir negocios para crear valor en el largo plazo Reproducir Video Logo Quinenco
Logo Grupo Quiñenco S.A.


Relevant Information

  • As at December 31, 2017

  • Quiñenco's interest: 56.2%
  • Book value of investment: Ch$733,503 million
  • Investment since: 2011
  • Employees: 63
  • Address

  • Hendaya 60, 14th floor, office 1401, Las Condes, Santiago - Chile
  • Telephone: (56) 22588 6000

Compañía Sudamericana de Vapores S.A. (CSAV) develops its main business, containerized freight transport through its interest in the German shipping company Hapag-Lloyd AG (Hapag-Lloyd). CSAV also offers car carrier services to the west coast of South America, which it operates directly.

CSAV is an open-stock company that has traded its shares since 1893. Quiñenco first invested in CSAV in 2011, and currently holds a 56.2% stake.

With 25.5% of the share capital as of December 31, 2017, CSAV is the largest shareholder of Hapag-Lloyd, maintaining significant influence and control jointly with the City of Hamburg and Kühne Maritime under a shareholder agreement.

Hapag-Lloyd operates a global network of 120 line services with connections between all continents and 366 offices in 125 countries.

In May 2017, Hapag-Lloyd materialized a merger with United Arab Shipping Company (UASC), thus becoming one of the five main container ship companies worldwide. Due to the merger CSAV’s stake in Hapag-Lloyd decreased to 22.6% increasing then to 25.5% at year end.


in thousands of dollars as at December 31 of each year
2016 2017
Sales 109,299 109,877
Operating income (loss) 7,910 1,707
Net income (loss) attributable to owners of the controller (23,317) (188,137)
Total assets 2,168,159 2,265,964
Total liabilities 161,695 148,507
Shareholder's equity attributable to owners of the controller 2,006,464 2,117,457

Assets by Business Area

US$ 2,168 million as at December 31, 2017