It booked a gain of $56m for the six months to the end of June, up from $51.6m a year ago.

The Hong Kong-listed company saw its shipping volume increase from 945,934 teu in 2013, to 993,989 teu.

Revenue went up 10.7% to $657.6m with both sea freight and land-based logistics segments seeing bigger turnover.

During the first six months of the year, SITC spent $7.7m