Maersk Line Limited

Material Facts

• Maersk was awarded two contracts for dry cargo time charters for the M/V Page and M/V Carter.
• The contracts were terminated for convenience, leading Maersk to seek recovery of hull depreciation costs.
• Maersk's claims were based on costs associated with vessel acquisition rather than modification costs.
• The contracting officer denied Maersk's claims, stating they related to vessel conversion costs.
• Maersk's appeal included claims for $480,000 for the M/V Page and $242,500 for the M/V Carter.

Parties

Appellant

Maersk Line Limited

Contracting Agency

Military Sealift Command

Contract Number

N00033-06-C-3305, N00033-06-C-3306