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By Mike Wackett
A frenzied spate of containership chartering ahead of the reshuffle of vessel-sharing alliance groupings has given the market a long overdue boost.
But, according to Alphaliner, owners should not get too carried away as there is a “question mark on the sustainability of the current market revival”.
With the exception of ships below 1,700 teu, demand for tonnage in past weeks has been very strong and, as a consequence, daily hire rates are showing big gains – albeit from the previous depressed levels.
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