Taiwan's Evergreen Marine has been forecast to make it back into profit in 2017.

Analyst Capital Investment Management said market conditions were improving for containerships.

It is tipping the owner for earnings of TWD 689m ($22m), against an estimated loss of TWD 5.65bn in 2016.

Capital Investment said rates have rebounded since December, citing the Shanghai Containerized Freight Index data, the Taipei Times reported.

But