Oslo-based containership investor SinOceanic returned to profit this year.
In the second quarter, earnings before tax etc. were $0.8m compared with a loss of $1.1m in the second quarter of 2010.
The company's first half earnings came in at $0.1m compared with a loss of $2.2m for the first half of last year.
The company’s plan to invest in ships continues apace.
The
