Beautiful Virgin Islands

Tuesday, Sep 16, 2025

Consumers Will Feel The Brunt Of BVIPA's Fees Hike

Consumers Will Feel The Brunt Of BVIPA's Fees Hike

Opposition Leader Marlon Penn has warned that consumers will be the ones being adversely affected by the latest fee hike instituted by the BVI Ports Authority (BVIPA).

Hon. Penn, who was at the time speaking on NDP Radio last night, March 15, said, "The port cannot raise its fees on persons who bring goods in the territory and say look, we are going to raise your fees sometimes, 30, 40, 50 per cent or even beyond, some fees are exorbitant and say "look we care about you as a business." They are going to take that increase and pass it on to the consumer who is already struggling."

He added, "The government has to lead by example, you cannot ask other persons to take the brunt of the weight of the economy, and then you are putting the pressure on the businesses and pressure on the man on the street."

The Opposition Leader explained that in reality, if the cost of doing business goes up, the cost on the consumer is going to go up.

"The supermarkets, persons who are going to provide goods to the retail market in the BVI are going to feel the pinch. So it makes it more difficult now for me as a consumer when my revenue base has already been eroded," he lamented.

BVIPA Moves Forward


The BVIPA's fee hike took effect yesterday, March 15.

The new fees were slated to take effect from March 1; however, the BVIPA said it was mulling the concerns surrounding its recent announcement to increase fees at their facilities and gave residents the assurance that the matter is being reviewed.

Nonetheless, via a release issued on March 11, the BVIPA said in an effort to address concerns expressed by the public and its stakeholders, the Authority sought to review the fee schedule accordingly to make for an easier compliance and implementation process by stakeholders.

Consequently, the fee increases is to be implemented in a phased approach.

The first wave of increases will affect licenses for customs brokers and agents; storage fees, wharfage, line handling, container fees and vehicles accessing port facilities fees.

"The general increase in fees has become necessary for the provision of important upgrades to the operations of the Ports, which will enhance the efficiency and effectiveness of the ports to deliver on promised services. As part of upgrade plans, all Ports across the territory will be developed to meet modern standards in facilities and services," the BVIPA outlined.

The BVIPA indicated that stakeholders, and the public, will be apprised of progress throughout the process.

"Furthermore, in an effort to strengthen the partnership with our stakeholders, the BVIPA will engage in a series of information-sharing and gathering engagements with various stakeholders, including our clients, the wider business community and our internal staff," the BVIPA stated.

Public Outcry


The BVI Chamber of Commerce and Hotel Association (BVICCHA), via a media statement, placed on record their displeasure with the new fees and the lack of consultation before the fees were amended and coming into force.

Addressing the matter via a media release on Monday, the chamber said: "Now is not the time for fee hikes" pointing to the current state of affairs of doing business in the territory as an example.

"For the most part, businesses are already doing their part. Businesses pay their fair share of mandated fees and taxes. And yes, cost increases (inflation) happen, but when you see a fee increase of 500%, that's from $500 to $2500, that's just borderline madness," the release stated.

According to the BVICCHA, "The cost of doing business is already too high. These increases will have to be passed on to consumers who are already struggling to make ends meet in some cases."

The new fees were approved by Minister responsible for Ports, Premier and Minister for Finance Hon. Andrew Fahie on December 18, 2020.

Since then, the BVICCHA said their office had been bombarded with calls from the business community complaining about the matter since the BVIPA issued a release informing residents of the changes recently.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
U.S. and Britain Poised to Finalize Over $10 Billion in High-Tech, Nuclear and Defense Deals During Trump State Visit
China Finds Nvidia Violated Antitrust Laws in Mellanox Deal, Deepens Trade Tensions with US
US Air Force Begins Modifications on Qatar-Donated Jet Amid Plans to Use It as Air Force One
Pope Leo Warns of Societal Crisis Over Mega-CEO Pay, Citing Tesla’s Proposed Trillion-Dollar Package
Poland Green-Lights NATO Deployment in Response to Major Russian Drone Incursion
Elon Musk Retakes Lead as World’s Richest After Brief Ellison Surge
U.S. and China Agree on Framework to Shift TikTok to American Ownership
London Daily Podcast: London Massive Pro Democracy Rally, Musk Support, UK Economic Data and Premier League Results Mark Eventful Weekend
This Week in AI: Meta’s Superintelligence Push, xAI’s Ten Billion-Dollar Raise, Genesis AI’s Robotics Ambitions, Microsoft Restructuring, Amazon’s Million-Robot Milestone, and Google’s AlphaGenome Update
Le Pen Tightens the Pressure on Macron as France Edges Toward Political Breakdown
Musk calls for new UK government at huge pro-democracy rally in London, but Britons have been brainwashed to obey instead of fighting for their human rights
Elon Musk responds to post calling for the murder of Erika Kirk, widow of Charlie Kirk: 'Either we fight back or they will kill us'
Czech Republic signs €1.34 billion contract for Leopard 2A8 main battle tanks with delivery from 2028
USA: Office Depot Employees Refused to Print Poster in Memory of Charlie Kirk – and Were Fired
Proposed U.S. Bill Would Allow Civil Suits Against Judges Who Release Repeat Violent Offenders
Penske Media Sues Google Over “AI Overviews,” Claiming It Uses Journalism Without Consent and Destroys Traffic
Indian Student Engineers Propose “Project REBIRTH” to Protect Aircraft from Crashes Using AI, Airbags and Smart Materials
French Debt Downgrade Piles Pressure on Macron’s New Prime Minister
US and UK Near Tech, Nuclear and Whisky Deals Ahead of Trump Trip
One in Three Europeans Now Uses TikTok, According to the Chinese Tech Giant
Could AI Nursing Robots Help Healthcare Staffing Shortages?
NATO Deploys ‘Eastern Sentry’ After Russian Drones Violate Polish Airspace
Anesthesiologist Left Operation Mid-Surgery to Have Sex with Nurse
Tens of Thousands of Young Chinese Get Up Every Morning and Go to Work Where They Do Nothing
The New Life of Novak Djokovic
The German Owner of Politico Mathias Döpfner Eyes Further U.S. Media Expansion After Axel Springer Restructuring
Suspect Arrested: Utah Man in Custody for Charlie Kirk’s Fatal Shooting
In a politically motivated trial: Bolsonaro Sentenced to 27 Years for Plotting Coup After 2022 Defeat
German police raid AfD lawmaker’s offices in inquiry over Chinese payments
Turkish authorities seize leading broadcaster amid fraud and tax investigation
Volkswagen launches aggressive strategy to fend off Chinese challenge in Europe’s EV market
ChatGPT CEO signals policy to alert authorities over suicidal youth after teen’s death
The British legal mafia hit back: Banksy mural of judge beating protester is scrubbed from London court
Surpassing Musk: Larry Ellison becomes the richest man in the world
Embarrassment for Starmer: He fired the ambassador photographed on Epstein’s 'pedophile island'
Manhunt after 'skilled sniper' shot Charlie Kirk. Footage: Suspect running on rooftop during panic
Effective Protest Results: Nepal’s Prime Minister Resigns as Youth-Led Unrest Shakes the Nation
Qatari prime minister says Netanyahu ‘killed any hope’ for Israeli hostages
King Charles and Prince Harry Share First In-Person Moment in 19 Months
Starmer Establishes Economic ‘Budget Board’ to Centralise Policy and Rebuild Business Trust
France Erupts in Mass ‘Block Everything’ Protests on New PM’s First Day
Poland Shoots Down Russian Drones in Airspace Violation During Ukraine Attack
Brazilian police say ex-President Bolsonaro had planned to flee to Argentina seeking asylum
Trinidad Leader Applauds U.S. Naval Strike and Advocates Forceful Action Against Traffickers
Kim Jong Un Oversees Final Test of New High-Thrust Solid-Fuel Rocket Engine
Apple Introduces Ultra-Thin iPhone Air, Enhanced 17 Series and New Health-Focused Wearables
Macron Appoints Sébastien Lecornu as Prime Minister Amid Budget Crisis and Political Turmoil
Supreme Court temporarily allows Trump to pause billions in foreign aid
Charlie Sheen says his father, Martin Sheen, turned him in to the police: 'The greatest betrayal possible'
Vatican hosts first Catholic LGBTQ pilgrimage
×