“The recovery of the charter market for tonnage below 3,000-teu is gathering momentum, with some notable rate rises observed for 2,500 to 2,800-teu tonnage,” it said.

“Smaller units of 1,700 and 1,000-teu are also seeing rates increase on the back of a dwindling supply of prompt tonnage.”

Alphaliner said that only 69 units of between 500-teu and 3,000-teu were recorded as being unemployed as at 23 March 2015.

“The