TMSC back to black in 2014

Shanghai-listed container carrier Tianjin Marine Shipping (TMSC) returned to the black in 2014 on reversal of write-down for disputed funds.
TMSC’s profit totalled CNY78.9 million (USD12.7 million) in 2014, up from a loss of CNY130.2 million in 2013, a stock filing of the company said on 21 April.