Beautiful Virgin Islands

Tuesday, Jan 27, 2026

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
UK Banks Pledge £11 Billion Lending Package to Help Firms Expand Overseas
Suella Braverman Defects to Reform UK, Accusing Conservatives of Betrayal on Core Policies
Melania Trump Documentary Sees Limited Box Office Traction in UK Cinemas
UK’s Starmer and Trump Agree on Urgent Need to Bolster Arctic Security
Starmer Breaks Diplomatic Restraint With Firm Rebuke of Trump, Seizing Chance to Advocate for Europe
UK Finance Minister Reeves to Join Starmer on China Visit to Bolster Trade and Economic Ties
Prince Harry Says Sacrifices of NATO Forces in Afghanistan Deserve ‘Respect’ After Trump Remarks
Barron Trump Emerges as Key Remote Witness in UK Assault and Rape Trial
Trump Reverses Course and Criticises UK-Mauritius Chagos Islands Agreement
Elizabeth Hurley Tells UK Court of ‘Brutal’ Invasion of Privacy in Phone Hacking Case
UK Bond Yields Climb as Report Fuels Speculation Over Andy Burnham’s Return to Parliament
Prince William to Make Official Visit to Saudi Arabia in February
Prince Harry Breaks Down in London Court, Says UK Tabloids Have Made Meghan Markle’s Life ‘Absolute Misery’
Malin + Goetz UK Business Enters Administration, All Stores Close
EU and UK Reject Trump’s Greenland-Linked Tariff Threats and Pledge Unified Response
UK Deepfake Crackdown Puts Intense Pressure on Musk’s Grok AI After Surge in Non-Consensual Explicit Images
Prince Harry Becomes Emotional in London Court, Invokes Memory of Princess Diana in Testimony Against UK Tabloids
UK Inflation Rises Unexpectedly but Interest Rate Cuts Still Seen as Likely
Starmer Steps Back from Trump’s ‘Board of Peace’ Amid Strained US–UK Relations
Prince Harry’s Lawyer Tells UK Court Daily Mail Was Complicit in Unlawful Privacy Invasions
UK Government Approves China’s ‘Mega Embassy’ in London Amid Debate Over Security and Diplomacy
Trump Cites UK’s Chagos Islands Sovereignty Shift as Justification for Pursuing Greenland Acquisition
UK Government Weighs Australia-Style Social Media Ban for Under-Sixteens Amid Rising Concern Over Online Harm
Trump Aides Say U.S. Has Discussed Offering Asylum to British Jews Amid Growing Antisemitism Concerns
UK Seeks Diplomatic De-escalation with Trump Over Greenland Tariff Threat
Prince Harry Returns to London as High Court Trial Begins Over Alleged Illegal Tabloid Snooping
High-Speed Train Collision in Southern Spain Kills at Least Twenty-One and Injures Scores
Meghan Markle May Return to the U.K. This Summer as Security Review Advances
Trump’s Greenland Tariff Threat Sparks EU Response and Risks Deep Transatlantic Rift
Prince Harry’s High Court Battle With Daily Mail Publisher Begins in London
Trump’s Tariff Escalation Presents Complex Challenges for the UK Economy
UK Prime Minister Starmer Rebukes Trump’s Greenland Tariff Strategy as Transatlantic Tensions Rise
Prince Harry’s Last Press Case in UK Court Signals Potential Turning Point in Media and Royal Relations
OpenAI to Begin Advertising in ChatGPT in Strategic Shift to New Revenue Model
GDP Growth Remains the Most Telling Barometer of Britain’s Economic Health
Prince William and Kate Middleton Stay Away as Prince Harry Visits London Amid Lingering Rift
Britain Braces for Colder Weather and Snow Risk as Temperatures Set to Plunge
Mass Protests Erupt as UK Nears Decision on China’s ‘Mega Embassy’ in London
Prince Harry to Return to UK to Testify in High-Profile Media Trial Against Associated Newspapers
Keir Starmer Rejects Trump’s Greenland Tariff Threat as ‘Completely Wrong’
Trump to hit Europe with 10% tariffs until Greenland deal is agreed
Prince Harry Returns to UK High Court as Final Privacy Trial Against Daily Mail Publisher Begins
Britain Confronts a Billion-Pound Wind Energy Paradox Amid Grid Constraints
The graduate 'jobpocalypse': Entry-level jobs are not shrinking. They are disappearing.
Cybercrime, Inc.: When Crime Becomes an Economy. How the World Accidentally Built a Twenty-Trillion-Dollar Criminal Economy
The Return of the Hands: Why the AI Age Is Rewriting the Meaning of “Real Work”
UK PM Kier Scammer Ridicules Tories With "Kamasutra"
Strategic Restraint, Credible Force, and the Discipline of Power
United Kingdom and Norway Endorse NATO’s ‘Arctic Sentry’ Mission Including Greenland
Woman Claiming to Be Freddie Mercury’s Secret Daughter Dies at Forty-Eight After Rare Cancer Battle
×