Maersk paid USD 39 million to cancel ship contracts

According to Alphaliner, Maersk paid USD 39 million last year to cancel contracts with a German owner for 13 chartered and older ships in a year where the carrier's total capacity grew 12 percent.

Photo: Maersk Line

Last year Maersk Line paid USD 39 million in compensation to the German owner of 13 container ships, MPC, that Maersk had taken on long-term charter but which the carrier opted to return to the owner two months before the contracts expired, reports Alphaliner on Tuesday in a survey of the biggest container carriers' fleet changes in 2014.

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