CSAV Is First In Latin America To List Schedules On OceanSchedules.com

Parsipanny, N.J., September 11, 2007 - Compañía Sud Americana de Vapores (CSAV), one of the world’s leading ocean carriers based in Latin America, is now the first carrier in the region to list its schedules on OceanSchedules.com, a free online search service for shippers and forwarders to quickly and easily search global voyages for ocean carriers.

Based in Santiago, Chile, CSAV operates in five continents, offering line services for which it is able to provide permanent traffic to certain ports, fixed itineraries and ships designed for carrying large numbers of containers and a wide variety of conventional cargo. By listing its schedules with OceanSchedules.com, CSAV will be contributing to the industry’s most comprehensive listing of global carrier schedules.

Two of CSAV's subsidiaries, CSAV Norasia based in Hong Kong and Libra Shipping Company based in Río de Janeiro, Brazil, are also posting their listings on OceanSchedules.com

"The vision of OceanSchedules.com is to provide the most convenient and comprehensive online source for sailing schedules. I am delighted that CSAV and its subsidiaries, which are world-class leaders in the maritime industry, particularly in Latin America, share this vision and are the first of many regional carriers to offer the convenience of searching online sailing schedules using OceanSchedules.com," said Harry Sangree, Managing Director of OceanSchedules.com.

About OceanSchedules.com

OceanSchedules.com is based in Parsippany, NJ. The web site is free to all shippers and forwarders and offers free schedule hosting to all carriers. Using advanced Web-based technology, OceanSchedules.com delivers global, comprehensive carrier schedules with an interactive interface that enables shippers and forwarders to more quickly and easily search global voyage data. The site also provides advertisers with the opportunity to target transportation planners and freight buyers of ocean shipping based on their search interests.

For further information visit www.oceanschedules.com. Or contact Andy Barrons, Vice President of Marketing, at +1.973.265.2208, Harry Sangree, Managing Director, OceanSchedules.com, at +1.973.265.2272 or email: feedback@oceanschedules.com.

About Compañía Sud Americana de Vapores (CSAV)

CSAV, one of the oldest shipping companies in the world and the largest in Latin America, was founded in 1872. Based in Santiago, Chile *CORRECT?* , CSAV operates in the five continents, offering line services for which it is able to provide permanent traffic to certain ports, fixed itineraries and ships designed for carrying large numbers of containers and a wide variety of conventional cargo. The company has especially designed vessels for frozen cargo, vehicles, bulk cargo and forestry products. CSAV also offers intermodal services, as well as complementary services like port storage.

For further information visit www.csav.com. Or contact Juan Manuel Torres in customer relationship management, at (56-2) 330-7280 or email: Jtorres@csav.com.