CSAV, the Chile-based container carrier, said it had a net loss of $46.7 million in the third quarter, compared to a profit of $55.8 million in the same 2012 period.
Operating revenue was $816.6 million in the third quarter, compared to $865.3 million in the same 2012 period.
The company said transported volume reached 493,512 TEU in the third quarter of 2013, an increase of 5.6 percent compared to the second quarter of 2013 and of 0.8 percent compared to the third quarter of 2012.
"Particularly noticeable, is the growth of 7.8 percent in volume within the South American scope compared to the second quarter of 2013," the company said. "South American’s services have 75.3 percent share of the total volume in the third quarter of 2013, showing focus in relevant markets where CSAV has competitive advantages."
CSAV also announced that starting Dec. 3, with a sailing from Quingdao, it will offer one additional service from the Far East to the West Coast of South America. The Andex Sling 3 service port rotation will be: Qingdao - Busan - Kwangyang - Yokohama - Manzanillo (Mexico) - Lazaro Cardenas - Balboa - Buenaventura - Callao - San Antonio - San Vicente - Callao - Buenaventura - Balboa - Lazaro Cardenas - Busan - Qingdao.