Topic “Chile” — Exporter Magazine

Petroliam Nasional Bhd-controlled shipping liner MISC Bhd is discontinuing its container shipping business that has lost US$789 million (RM2.52 billion) the past three years to better focus on serving clients in the energy sector, according to the Edge financial daily. Meanwhile struggling Chilean container line CSAV is also looking for a buyer for its container business. According to general manager Juan José Villasante, Unifrutti will invest US$12 million to boost production capacity and modernize four of its eight production centers in Teno, Linderos, Requínoa and Copiapó.