Chinese giant Cosco Shipping presented a positive read of the container market as it reported a first half profit.
The shipowner, which is in the process of taking over OOCL, banked a profit of CNY 1.86bn ($282m) in the opening six months of 2017, in line with its own forecasts.
It saw the owner pull out of the red in overturning a loss of CNY 7.2bn
