Arne Blystad-backed Songa Container has emerged from the second quarter well placed to capitalise on a boxship recovery.
The restructured containership owner cut its net loss to $4.2m from $8.5m in the same period of 2019, while revenue from its 15 ships increased to $8.2m against $6.2m.
The six-month loss now stands at $12.8m.
