British Virgin Islands Business News

The analysis of the latest events in BVI and worldwide, affecting BVI business environment; facts and statistics on BVI International Business Companies involved in global business activities.

Saturday, October 18, 2008

BVI Ports Authority to be Managed by the New Team

The BVI Government has approved a seven-member board to manage the British Virgin Islands Ports Authority, Mr. Ronnie Lettsome being the new chairman for a three-year term. Other members of the BVI Ports Authority were appointed to the board with different terms: Mr. Franklin Walters will serve the same three-year term as the chairman, Mr. Gregory Adams and Mr. Maxwell Smith will serve for two years, Mr. Kent Bernier and Ms. Patricia Romney have been appointed for one year.

The Managing Director of the BVI Ports Authority Board, Permanent Secretary in the Ministry of Communications and Works, and the Financial Secretary were appointed ex-officio members of the board. All the appointments took effect on July 23.

The BVI Ports Authority was established in 1990 as a corporate entity, and began its operations in 1991. Its main purpose is to provide and maintain the required harbour and marine infrastructure and facilitate the safe, efficient and effective use of ports in the BVI Territory. Starting from July 2008, the BVI Ports Authority enforced harbor charges for vessels entering and staying in the territorial waters of the BVI.

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