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The world’s cellular fleet capacity reached 17.98m teu in August, with container tonnage in lay-up representing only 230,000teu, just 1.28%, according to the latest data compiled by Alphaliner.

Strong demand, a good peak season and more ships needed because of port congestion delays are boosting demand, it reports.

Alphaliner said there was 7.4% year-on-year growth in employed tonnage – the highest increase since 2011 – against a backdrop of a particularly high number of newbuilds hitting the water.

Vessel deliveries totalled 219,000 teu ...

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