Beautiful Virgin Islands

Wednesday, May 13, 2026

Former Ports boss predicts 6% price increase on consumer goods

Former Ports boss predicts 6% price increase on consumer goods

With a fraction of the recent Port fee increases now in force, local consumers are likely to see an increase of more than five percent in the price of goods on store shelves.

This is according to the former Acting Deputy Managing Director at the BVI Ports Authority (BVIPA), Akeem Pickering.

“Whatever price you were paying on the shelf is going to go up by about six percent,” Pickering said.

This means the BVI’s inflation on consumer goods have at least quadrupled when compared to the average 1.4 percent inflation the Central Statistics Office recorded in the BVI back in 2019.

Pickering, who served in the aforementioned post for more than a year, said the previous NDP government had an opportunity to raise Port fees in the aftermath of hurricanes Irma and Maria but chose not to do so.

He further explained that the Customs duty was waived on many items at that time and this allowed the territory’s economy to bounce back much faster than expected.

Massive increases


Following weeks of backlash from residents regarding the fee hikes at the BVIPA, the government announced that it was rolling back the majority of its increased fees that were scheduled to take effect May 2021.

Wharfage, container landing fees, and storage charges are reportedly among the increases that remained after the government promised these solutions.

Wharfage fees and container landing fees, Pickering explained, went up by one hundred percent in each instance, while container storage fees have gone up by as much as 125%.

According to the former Deputy Ports head, previously, there was a waiver on storage fees for some persons who faultlessly held goods at the Ports beyond the expressed grace period.

He said customers at the Ports are now complaining that this discretion is no longer extended, citing an additional burden with the current fee increases.

“If your goods are there past a certain time, you are going to pay storage [fees],” Pickering insisted while questioning whether multi-agency approaches towards assisting business owners and other stakeholders have come to an end.

Critical cog


Commenting on the increases, Opposition Leader Marlon Penn said: “Government’s responsibility is to provide a service for the public, we should not try to create additional hardship for the consumers [and] the businesses who traverse the Ports on a daily basis.”

Penn observed that the Ports are a linchpin in commerce in the BVI and, as such, should ensure they don’t disrupt the entire process of commerce in the territory.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
The Great Western Exit: Why Best Citizens Are Fleeing the Rich World [PODCAST]
The New Robber Barons of Intelligence: Are AI Bosses More Powerful Than Rockefeller?
The End of the Old Order [Podcast]
Britain’s Democracy Is Now a Costume
The AI Gold Rush Is Coming for America’s Last Open Spaces [Podcast]
The Pentagon’s AI Squeeze: Eight Tech Giants Get In, Anthropic Gets Shut Out [Podcast]
The War Map: Professor Jiang’s Dark Theory of Iran, Trump, China, Russia, Israel, and the Coming Global Shock [Podcast]
Labour Is No Longer a National Party [Podcast]
AI Isn’t Stealing Your Job. It’s Dismantling It Piece by Piece.
Lawyers vs Engineers: Why China Builds While America Litigates [Podcast]
Churchill’s Glass: The Drunk, the Doctor, and the Myth Britain Refuses to Sober Up From
Apple issues an unusual warning: this is how your iPhone can be hacked without you doing anything
The Met Gala Meets the Age of Billionaire Backlash
Russian Oligarch’s Superyacht Crosses Hormuz via Iran-Controlled Route
Gunfire Disrupts White House Correspondents’ Dinner as Trump Is Evacuated
A Leak, a King, and a Fracturing Alliance
Inside the Gates Foundation Turmoil: Layoffs, Scrutiny, and the Cost of Reputational Risk
UK Biobank Breach Exposes Health Data of 500,000, Listed for Sale on Chinese Platform
KPMG Cuts Around 10% of US Audit Partners After Failed Exit Push
French Police Probe Suspected Weather-Data Tampering After Unusual Polymarket Bets on Paris Temperatures
News Roundup
Microsoft lost 2.5 millions users (French government) to Linux
Privacy Problems in Microsoft Windows OS
News roundup
Péter András Magyar and the Strategic Reset of Hungary
Hungary After the Landslide — A Strategic Reset in Europe
×