The Nasdaq-listed owner said its net loss in the fourth quarter was $6.95m, down from $86.11m in the same period of 2013.
It booked an impairment charge of $72m the year before.
Revenues grew to $11.5m against $9.6m, while the full-year loss was $17.91m, against $103.42m in 2013.
CEO Aristides Pittas said: "Rates in the containership sector and particularly in the feeder size where we operate remained stable but at low levels during the fourth quarter of 2014.
"This
