Maersk Line threatened with fine for breach of contract
Maersk Line was unable to bring the promised 700,000 containers a year through the Wilhelmshaven container port, which could cost the shipping company millions.
BY LOUISE VOGDRUP-SCHMIDT
Maersk Line could end up paying a high price, as the shipping company was unable to keep its promise to the German federal states of Bremen and Sachsen, to bring 700,000 containers a year through Wilhelmshaven's new JadeWeserPort container port, writes Lloyd's List, estimating that the fine will clock in at more than 10 million Euros.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
APM Terminals: Disappointing decision in Virginia
For subscribers
APM Terminals challenged by Egyptian unrest
For subscribers
Russian Global Ports performs major impairment
For subscribers
.jpg&w=384&q=75)
