Shipping Lines' Representative Says It Did Not Bill CMU $33 Million in Demurrage

A company in Jamaica that collects penal fees on behalf of shipping lines says that any idea that it billed or collected from Caribbean Maritime University (CMU) roughly $33 million (US$252,926) for outstanding containers, or demurrage, is not true.

“This is not correct,” said Trevor Riley, Company Secretary for Assessment Recoveries Limited (ARL). “Th…