The number of cellular container ships scrapped in the last six months of 2021 dwindled to just four, as owners kept vessels operating in record markets.

Consultancy Alphaliner said only 2,489 teu of capacity was sent for demolition from July to December — a “historic low”.

In the first six months of last year, the company said an “already meagre” 15 ships of 14,007 teu were scrapped.