China's Supreme Court said on Thursday thatthe money consisted of leasing fees, including interest and damages, Reutersreported.

The 226,434-dwt Baosteel Emotion (built 2011) was arrested on Saturday in what the Chinesegovernment described as a business dispute.

MOL also paid JPY 2.4m in legal costs. Theowner said the ship had left Majishan in Zhejiang province on Thursday.

The Japanese company was alleged to have failedto pay compensation for the charters of two Chinese ships owned by Chung Wei Steamship that were cancelled in1937, when war broke out between Japan and China.

The