Beautiful Virgin Islands

Thursday, Oct 30, 2025

‘Majority’ of BVIPA’s fee hike postponed until 2022

‘Majority’ of BVIPA’s fee hike postponed until 2022

Premier and Minister of Finance Honourable Andrew A. Fahie has disclosed that the BVI Ports Authority (BVIPA) did not follow the recommendations of Cabinet, such as having public consultations, before implementing a new fee structure and said a majority of the new fees will be postponed until next year.

The recent fee hike has been receiving heavy criticisms from across all sectors as some felt that with the ongoing pandemic and the economic hardships being experienced with the closure of the tourism sector, implementing these fees could not have come at a worse time.

“I wish to take this opportunity, also, to speak about the readjustment to port fees. I know that this issue is a concern to us all. When we took office in 2019 as your new Government, we pledged to be honest and responsible. We promised that we would not side-step any difficult and/or important issues and those we would deal with long-outstanding problems or matters which were urgent for the Territory, but which were left to linger by those before us,” the Premier said during his live broadcast last night, April 8, 2021.

Premier Fahie said there was a myriad of issues plaguing the BVIPA, such as inefficiency, outdated systems, the need for better staff remuneration as well as the need to be on the cutting edge in light of the international audit that is coming in weeks.

“In order to upgrade the ports to the international standards, while addressing the international obligations and other requirements from users, the BVI Ports Authority instituted a number of measures and decided on the implementation of a new fee structure. Their decision also took into consideration what the industry norms and standards are in regional ports and the fact that fees in the Virgin Islands are significantly low in comparison.”

He said these recommendations were forwarded to the Board of the Ports for approval, and subsequently, after the Board’s approval, it was forwarded for Cabinet’s approval, and then to the House of Assembly where it was laid on the table of the House of Assembly, “without objections from any Member of the House, including members of the Opposition.”

He further said: “It is important to note that Cabinet stipulated and instructed that all stakeholders be engaged for further feedback prior to implementation. Also, Cabinet recommended that a full Public Relations Strategy be done by the BVI Ports Authority after the above so as to sensitise the public of the intent. These recommendations were not followed. However, the BVI Ports Authority announced in January 2021 an adjustment to port fees and the implementation thereafter.”

Premier and Minister of Finance Honourable Andrew A. Fahie  has chided the BVI Ports Authority (BVIPA) for not following the recommendations of Cabinet, such as having public consultations, before implementing a new fee structure and said a majority of the new fees will be postponed until next year.

The recent fee hike has been receiving heavy criticisms from across all sectors as some felt that with the ongoing pandemic and the economic hardships being experienced with the closure of the tourism sector, implementing these fees could not have come at a worse time.


'We are mindful of the economic shocks'- Premier


The Leader of Government’s Business stated that since then, residents and the stakeholders have expressed concerns pertaining to the timing of the new fees and the need for further consultation on the matter at hand.

“As your Government, we are mindful of the economic shocks caused by events such as Hurricane Irma and the ongoing COVID-19 global pandemic. As I have pointed out, we have also had to consider the other demands and pressures we are under from port users and international regulators. So, as regards the issue of port fees, when you the public spoke, we listened. I stated last week that your Government intended to review the decision and return to inform you the people of the Virgin Islands,” he stated.

According to Premier Fahie, after having discussions with many stakeholders as well as with members of the Board and Management of the BVI Ports Authority, the BVI Ports Authority Board has agreed that it will roll back the ‘majority of the recent fee increases to the pre-March 2021 amounts.

“This means that majority of the fees that formed part of the fee scheduled to take effect from May 2021 are postponed. Furthermore, the BVI Ports Authority has informed that the majority of the announced Port Authority fee increases will now be postponed until 2022.”

He nonetheless pointed out that “we cannot run from this forever. We will have to find a way to do what is necessary while softening the impact it will have on the population.”

He said the return of cruise tourism, along with other new proposed revenue streams, is projected to allow the BVI Ports Authority to adequately function for now until the economy continues to rebound in this new regular of living and working with COVID-19.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
UK and Vietnam Sign Landmark Migration Deal to Fast-Track Returns of Irregular Arrivals
UK Drug-Pricing Overhaul Essential for Life-Sciences Ambition, Says GSK Chief
Princesses Beatrice and Eugenie Temporarily Leave the UK Amid Their Parents’ Royal Fallout
UK Weighs Early End to Oil and Gas Windfall Tax as Reeves Seeks Investment Commitments
UK Retail Inflation Slows as Shop Prices Fall for First Time Since Spring
Next Raises Full-Year Profit Guidance After Strong Third-Quarter Performance
Reform UK’s Lee Anderson Admits to 'Gaming' Benefits System While Advocating Crackdown
United States and South Korea Conclude Major Trade Accord Worth $350 Billion
Hurricane Melissa Strikes Cuba After Devastating Jamaica With Record Winds
Vice President Vance to Headline Turning Point USA Campus Event at Ole Miss
U.S. Targets Maritime Narco-Routes While Border Pressure to Mexico Remains Limited
Bill Gates at 70: “I Have a Real Fear of Artificial Intelligence – and Also Regret”
Elon Musk Unveils Grokipedia: An AI-Driven Alternative to Wikipedia
Saudi Arabia Unveils Vision for First-Ever "Sky Stadium" Suspended Over Desert Floor
Amazon Announces 14 000 Corporate Job Cuts as AI Investment Accelerates
UK Shop Prices Fall for First Time Since March, Food Leads the Decline
London Stock Exchange Group ADR (LNSTY) Earns Zacks Rank #1 Upgrade on Rising Earnings Outlook
Soap legend Tony Adams, long-time star of Crossroads, dies at 84
Rachel Reeves Signals Tax Increases Ahead of November Budget Amid £20-50 Billion Fiscal Gap
NatWest Past Gains of 314% Spotlight Opportunity — But Some Key Risks Remain
UK Launches ‘Golden Age’ of Nuclear with £38 Billion Sizewell C Approval
UK Announces £1.08 Billion Budget for Offshore Wind Auction to Boost 2030 Capacity
UK Seeks Steel Alliance with EU and US to Counter China’s Over-Capacity
UK Struggles to Balance China as Both Strategic Threat and Valued Trading Partner
Argentina’s Markets Surge as Milei’s Party Secures Major Win
British Journalist Sami Hamdi Detained by U.S. Authorities After Visa Revocation Amid Israel-Gaza Commentary
King Charles Unveils UK’s First LGBT+ Armed Forces Memorial at National Memorial Arboretum
At ninety-two and re-elected: Paul Biya secures eighth term in Cameroon amid unrest
Racist Incidents Against UK Nurses Surge by 55%
UK Chancellor Rachel Reeves Cites Shared Concerns With Trump Administration as Foundation for Early US-UK Trade Deal
Essentra plc: A Closer Look at a UK ‘Penny Stock’ Opportunity Amid Market Weakness
U.S. and China Near Deal to Avert Rare-Earth Export Controls Ahead of Trump-Xi Summit
Justin time: Justin Herbert Shields Madison Beer with Impressive Reflex at Lakers Game
Russia’s President Putin Declares Burevestnik Nuclear Cruise Missile Ready for Deployment
Giuffre’s Memoir Alleges Maxwell Claimed Sexual Act with Clooney
House Republicans Move to Strip NYC Mayoral Front-Runner Zohran Mamdani of U.S. Citizenship
Record-High Spoiled Ballots Signal Voter Discontent in Ireland’s 2025 Presidential Election
Philippines’ Taal Volcano Erupts Overnight with 2.4 km Ash Plume
Albania’s Virtual AI 'Minister' Diella Set to 'Birth' Eighty-Three Digital Assistants for MPs
Tesla Unveils Vision for Optimus V3 as ‘Biggest Product of All Time’, Including Surgical Capabilities
Francis Ford Coppola Auctions Luxury Watches After Self-Financed Film Flop
Convicted Sex Offender Mistakenly Freed by UK Prison Service Arrested in London
United States and China Begin Constructive Trade Negotiations Ahead of Trump–Xi Summit
U.S. Treasury Sanctions Colombia’s President Gustavo Petro over Drug-Trafficking Allegations
Miss USA Crowns Nebraska’s Audrey Eckert Amid Leadership Overhaul
‘I Am Not Done’: Kamala Harris Signals Possible 2028 White House Run
NBA Faces Integrity Crisis After Mass Arrests in Gambling Scandal
Swift Heist at the Louvre Sees Eight French Crown Jewels Stolen in Under Seven Minutes
U.S. Halts Trade Talks with Canada After Ontario Ad Using Reagan Voice Triggers Diplomatic Fallout
Microsoft AI CEO: ‘We’re making an AI that you can trust your kids to use’ — but can Microsoft rebuild its own trust before fixing the industry’s?
×