The pre-emptive right period saw the Chilean owner reach nearly 90% of its initial target to raise $400m.
Shareholders who subscribed to the scheme paid $21 for each of the 10.42 million shares.
It said the remaining shares will be offered through a floor auction led by Itau BBA Corredor de Bolsa and Santander Corredores de Bolsa.
CSAV joined forces with Hapag-Lloyd to create the fourth largest shipping company worldwide with a fleet of around 200 vessels and estimated revenue of $12bn.
The Chilean company has become the largest shareholder in Hapag with a 34% holding.
Oscar Hasbun, chief executive for CSAV, said: “We are enormously grateful to our shareholders for their support because we consider that the result of the pre-emptive right period is enormously successful and it makes us very optimistic respect to the placement of the remaining stocks.”
