Finland's Containerships is forecasting an improvement in its results this year after slipping to a loss in 2018.

The CMA CGM-owned short-sea operator said the net deficit last year was EUR 0.6m ($0.7m), compared to a profit of EUR 0.1m in 2017.

EBITDA was down at EUR 13.3m from EUR 15.2m, due to increased bunker costs as oil prices rose.