Finland's Containerships has returned to profit in the third quarter following its acquisition by CMA CGM.
The liner company said net earnings were EUR 0.98m ($1.12m) to 30 September, from just EUR 12,000 in 2017.
Revenue grew to EUR 68.3m from EUR 55.8m.
"The Russian market has remained challenging due to economic sanctions and the country’s overall economic situation," it said.
