On 23 December 2012, it was reported that "QE2" had been sold for scrapping in China for £20 million, after a bid to return her to the UK was rejected. With monthly berthing and maintenance charges of £650,000, it was reported that a Chinese salvage crew arrived at the vessel on 21 December, to replace a crew of 40 which has been maintaining the vessel since it arrived at Port Rashid. However, Cunard dismissed the reports as "pure speculation". When the ship was sold in 2007, a clause in the contract which started from her retirement in 2009 stipulated a 10-year "no onward sale" clause, without payment of a full purchase price default penalty.