Less penalty time, more storage costs for containers sitting @ BVIPA facilities
The decisions were made at the January 15, 2020, cabinet meeting chaired by Governor of the Virgin Islands (VI) H.E. Augustus J.U. Jaspert held at Four Diamonds Park Villas, Setting Point Anegada, where all cabinet members were present.
According to statements, cabinet, "Approved the recommendations of the BVI Ports Authority (BVIPA) Board to (i) reduce the time in which containers can remain at the port, without penalty."
The BVIPA also moved to increase the storage charges for containers that remain at the port beyond the penalty-free period, as per the Board's resolution.
Amendments ordered
In addition, it was noted that the decision be made as an amendment to the existing BVIPA Act of 1990.
Cabinet, "Decided that the Premier’s Office instruct the Attorney General’s Chambers to draft the amendments to the Regulations in accordance with the BVI Ports Authority Act, 1990 and the Virgin Islands Statutory Rates, Fees and Charges Act, 2005," statements noted.
However, it remains unclear what the new proposed fees are in comparison to the existing feeds under the act, and the reason for the adjustment recommendation from the BVIPA.
Virgin Islands News Online (VINO) reached out to Managing Director of the BVIPA, Mr John M. Samuel to get an explanation of the new fees and to understand the reasoning for the adjustments; however, he could not be reached at publication time.
A search on the BVIPA website returned a blank page under 'List of Fees.'
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5 Responses to “Less penalty time, more storage costs for containers sitting @ BVIPA facilities”
You live in the USA, moving home and your container gets lost and shows up a week later but you have left the Island and now it sits at the port for a month. Do you what these fees are?
Or the original BL is not at the agent and you have to get it from China in order for the Shipping company to release the goods. THINK