Taiwanese container line Evergreen has bought 60% of Chile's Green Andes Shipping Agency.
The Global Legal Chronicle reported that lawyers Morales & Besa advised Evergreen on the deal.
Green Andes is a subsidiary of Ultramar and engages in maritime agency services.
Evergreen has renamed the company Evergreen Shipping Agency (Chile).
It will represent its interests in the country.
"Service provision to local customers will remain unaltered with a seamless transition," the Taiwanese owner told TradeWinds.
"The project is designed to enhance Evergreen’s operational efficiency in this market."
