"If I'm not getting paid to perform, I'm happy to semi retire," Graham Porter said.

The Hong Kong-based Canadian has just broken off his long-term engagement with Seaspan Corp and resigned from its board after the New York-listed containership tonnage provider moved to cut off transaction commissions to Porter and chief executive Gerry Wang.

Porter was offered lump-sum annual compensation for his services in arranging vessel financings, instead of the 0.8%