Finland's Containerships has seen earnings curtailed in the fourth quarter by rising costs.
The boxship owner said net profit was EUR 0.1m ($0.12m), against EUR 0.8m in 2016.
Revenue was up at EUR 60.4m against EUR 50.6m, and EBITDA was better at EUR 4.4m, from EUR 3.8m.
Finance costs rose EUR 2.1m to EUR 5.7m as it builds new ships.