On Thursday the Hong Kong-quoted boxship owner reported a gain of RMB 431.6m ($70.3m) for the six months to 30 June, which represents an increase of nearly 135% when compared to the deficit carded a year ago.

CSCL said revenue topped RMB 17.4bn during the period, which is approximately 8.5% higher than what the Chinese operator generated in the first-half of 2013, as container volumes jumped 1.8%