Argentina, Uruguay and Chile join forces to attract investors

In the context of COVID-19 Argentina, Uruguay and Chile are organising a forum to attract investors with a focus on emerging companies. The Southern Cone Investment Forum (FICS) is a virtual event that aims to show the strength and economic appeal of these South American countries. The event will be held on 24th & 25th November.

MSC introduces cherry express service linking Chile to Asia

MSC Mediterranean Shipping Company is pleased to introduce an express service for cherry and fresh fruit cargo from Chile to Asia, effective 18 November 2020. To reinforce the express service offering, MSC will also deploy two more vessels exclusively for weeks 49 and 51. The Cherry Express service will connect Valparaiso, Chile with a fast transit time to Hong Kong in 23 days. Shipments will arrive in Nansha and Shanghai in 25 & 26 days respectively, via transshipment from Hong Kong.

Pacífico Sur completes process to acquire 65% of Sun Dreams

Nueva Inversiones Pacífico Sur Limitada (Pacífico Sur) has completed the process to acquire the casino operator Sun Latam SpA (Sun Dreams). The Chilean company filed the official document to the Financial Market Commission (CMF) this week. In August, the two firms announced an agreement for Pacífico Sur to acquire 65% of Sun Dreams, which was previously operated by both companies. By sending the document to the CMF, they have established that Sun Dreams is now a 100% Chilean company.