German shipping investment manager MPC Capital is expecting a revenue rise in the rest of 2018 as its MPC Container Ships spin-off expands.

It announced net profit for the first half of EUR 2.8m ($3.26m), down from EUR 3.9m in 2017, a figure boosted by a non-recurring positive tax effect.

Revenue dipped to EUR 19.7m from EUR 22.7m over the same period.