Arne Blystad-backed Songa Container has reduced third quarter loses and is "well positioned" to take advantage of the revival in the container market.
But the restructured containership owner has "indefinitely postponed" all remaining scrubber installations.
The company posted losses of $2.27m in the third quarter, down from $5.3m in same period in 2019.
Revenues from charters of 15 small and medium-sized containerships rose to $8.9m
