Maersk eyes paying the penalty if it fails to deliver

Maersk Line is mulling accepting financial penalties in its Asia-Europe contracts if it is unable to deliver the service it has promised.
Annemette Jepsen, Senior Director and Cluster Manager UK and Ireland, told IFW the Danish carrier was hoping to avoid a repeat of the situation the industry faced at the start of this year, when an unexpected surge of volumes resulted in demand exceeding supply and shipments being delayed.