Beautiful Virgin Islands

Saturday, Mar 14, 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
Trump Calls on France and UK to Help Safeguard Strait of Hormuz Shipping Route
Boris Johnson Labels Bitcoin a ‘Ponzi Scheme’, Sparking Debate in Crypto World
UK Considers Targeted Aid for Vulnerable Households as Energy Costs Rise
Stellantis Urges Immediate Review of UK Electric Vehicle Sales Targets
Home Office Reverses Course to Allow Some Dual Nationals to Enter UK Using EU Passports
Reform UK Proposes Replacing Top Civil Servants With Officials Aligned to Government Agenda
Netflix Adds Critically Acclaimed ‘Best Film of 2025’ With Perfect Rotten Tomatoes Score
‘The Sums Don’t Add Up’: UK Farmers Hit by Soaring Costs as Iran War Disrupts Global Supplies
Confidential UK Biobank Health Records Found Online After Researchers Accidentally Expose Data
Trump Urges Britain and Allies to Deploy Warships to Safeguard Strait of Hormuz
Trump Urges Britain and Allies to Deploy Warships to Safeguard Strait of Hormuz
Middle East War Highlights Strategic Importance of Strong UK–Ireland Cooperation
Weak Growth Signals UK Economy Was Faltering Even Before Middle East Energy Shock
Marks & Spencer Tops UK Fashion Retail Rankings as Most Considered Brand
United States Launches Trade Investigation Into Allies Over Forced Labour Practices
United States Launches Trade Investigation Into Allies Over Forced Labour Practices
Russia Accuses Britain Over Storm Shadow Strike as London Reaffirms Ukraine’s Right to Self-Defence
Russia Accuses Britain Over Storm Shadow Strike as London Reaffirms Ukraine’s Right to Self-Defence
Royal Navy to Acquire Twenty Uncrewed Surface Vessels for Autonomous Warfare Testing
Russia Summons British and French Envoys After Ukrainian Storm Shadow Strike on Strategic Facility
Starmer Confirms Britain Will Maintain Sanctions on Russia Despite U.S. Policy Shift
UK Moves to Refine AI Definition in Investment Security Reform
UK Economy Stalls in January as Growth Unexpectedly Falls to Zero
Asian Energy Security Tested as Strait of Hormuz Disruption Threatens Oil Supplies
Iran Sets Three Conditions for Ending Regional War as Diplomatic Efforts Intensify
Tesla Secures Approval to Supply Electricity Directly to Homes Across Britain
Prince William Delivers Tribute to Australia’s Naval Alliance Amid Renewed Royal Spotlight on the Country
UK Foreign Secretary Travels to Saudi Arabia to Reinforce Support for Regional Allies
Putin’s ‘Hidden Hand’ May Be Assisting Iran in Conflict With Trump, UK Defence Secretary Warns
UK Sets April Deadline for Tech Platforms to Strengthen Online Protections for Children
Elon Musk Moves Into Britain’s Energy Market as Tesla Wins Licence to Supply Power
UK Watchdog Warns Fuel Retailers Against Profiteering Amid Iran War Price Surge
Report Claims Iran Used UK Charity Network to Expand Influence
United States and United Kingdom Establish Joint Standards for Counter-Drone Technology
Iran May Be Laying Naval Mines in Strait of Hormuz, UK Warns Amid Escalating Gulf Tensions
US Deploys Bunker-Buster Bombs to UK Airbase as Iran Conflict Intensifies
British Troops in Iraq Intercept Iranian Drones Targeting Coalition Base
Release of Mandelson Files Raises Tensions as UK Seeks Stable Relations With Donald Trump
UK Documents Reveal Starmer Was Warned About Mandelson’s Epstein Links Before Ambassador Appointment
Nearly Five Hundred UK Mortgage Deals Withdrawn in Two Days as Market Volatility Forces Lenders to Reprice
Three Cargo Ships Hit Near Iran as Attacks Spread to Strategic Strait of Hormuz
Why British Police Repeatedly Declined to Investigate Jeffrey Epstein’s UK Links
UK Parliament Ends Hereditary Seats in House of Lords, Closing Chapter on Centuries of Aristocratic Lawmaking
EU and UK Urge Israel to Act Against Rising West Bank Settler Violence Amid Regional Tensions
US Senator John Kennedy Says Keir Starmer Should Not Be Trusted for Military Advice Amid Iran War Debate
UK High Court Rejects Attempt to Revive Terrorism Charge Against Kneecap Rapper
Revolut Secures Full UK Banking Licence After Multi-Year Regulatory Wait
Kentucky’s Bench Boost Powers Wildcats Past LSU in SEC Tournament Opener
British Couple Die After Being Pulled From Water at Australian Beach During Family Visit
British Airways Suspends UK Repatriation Flights as Middle East Travel Disruption Deepens
×