Charter Fee Debate Reignites Between USVI and BVI
Charter Fee Debate Reignites Between USVI and BVI
The US Virgin Islands (USVI) government has reaffirmed its decision not to impose reciprocal charter fees on British Virgin Islands (BVI) vessels, despite renewed calls from the Virgin Islands Professional Charter Association (VIPCA) to revisit the issue. This decision comes as VIPCA advocates for what it describes as fairness for local charter businesses.
Governor Albert Bryan Jr. emphasized this week that the USVI’s priority is maintaining strong and cooperative ties with the BVI. The two governments had previously negotiated and resolved the matter, with both sides reaching a settlement that satisfied their respective interests. However, VIPCA, which represents local charter operators and businesses, argues that the current arrangement disproportionately benefits BVI vessels, which they claim have easier access to USVI waters, while USVI operators face significant fees to charter in the BVI.
VIPCA’s Executive Director, Oriel Blake, has framed the issue as one of fairness for USVI charter businesses. However, Governor Bryan has expressed concerns that imposing retaliatory fees could harm cross-border relations and the tourism industry, both of which are still recovering from years of challenges.
Meanwhile, some businesses are making significant adjustments. Beyond Yacht Charters, for example, is relocating all 21 of its vessels to the BVI. According to CEO Colin Stein, 99% of the company’s clients request access to BVI waters, and the move will still allow for limited access to the USVI.
While the USVI government considers the matter closed, VIPCA’s concerns highlight the ongoing challenges faced by the local charter industry. The debate raises questions about the long-term stability of the current arrangement and its impact on businesses operating in the region.
For those directly affected, the discussion continues. Are companies planning to leave, or does the existing agreement provide enough stability to work with? Share your experiences and perspectives as this issue evolves.
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