MPC Container Ships (MPCC) is betting on a recovery in feeder boxship markets.
The Oslo-listed company saw losses rise in the second-quarter of the year as it was "severely affected" by the impact of Covid-19.
But it believes container markets are picking up and has successfully raised another $3.5m from its latest share capital increase.
Chief executive Constantin Baack said the company "is well-positioned to benefit from a much-anticipated market rehabilitation".
