SITC International has seen a 20% increase in first half profit in a further sign of the improvement in the containership industry.

The Hong Kong-listed feedership operator has just reported net income of $85.8m against the $71.3m seen in the first half of 2016.

The Yang Shaopeng-led company said revenue increased by 6.8% to $645.6m, while costs increased by 6.3%