Port Charges Reduced With Move To Full Free Out Port
(Stock Photo) The transition to a new operating model at the Port of Bridgetown will reduce container-related port charges by 10 per cent. Barbados Port Inc ...
Source: gisbarbados.gov.bb
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Cost savings in new port change - Barbados Today
The transition to a new operating model at the Port of Bridgetown will reduce container-related port charges by ten per cent. Chief Executive Officer Mr David Jean-Marie announced that effective April 9th, 2023, Barbados Port Inc. (BPI) will transition the Port of Bridgetown into a full Free Out Port. At the same time, he said BPI will move stevedoring services in-house. Jean-Marie
Source: barbadostoday.bb
Port reduces container charges
The transition to a new operating model at the Port of Bridgetown will reduce container-related port charges by 10 per cent. Chief Executive Officer, David Jean-Marie, announced that effective April 9, Barbados Port Inc. (BPI) would transition the Port of Bridgetown to a full Free Out Port. At the same time, he said BPI will move stevedoring services in-house, for execution by Port labour. The Chief Executive explained: “These changes …
Source: nationnews.com
Plan in the works for Bridgetown Port workers to own shares
A proposal for port workers to become shareholders in the holding company that will replace the Barbados Port Inc. (BPI) and for Barbadians to also get the opportunity to invest, is set to go before that agency’s board next week.Chairman of the BPI David Jean-Marie made the disclosure on Wednesday after Prime Minister Mia Mottley enquired about the status of discussions on the move, during debate in Parliament on the Appropriation Bill 2023.He disclosed that the management team will next Thursday make a presentation to the board on the transformation of the port, which includes not only inno...
Source: barbadostoday.bb
Importers and consumers to benefit from reduced charges
Importers are in line for a reduction in freight costs as officials of the Bridgetown Port Inc. (BPI) press ahead with changing the way port charges are applied.Chief Executive Officer of the BPI David Jean-Marie gave this indication on Monday, adding that he is scheduled to have discussions with members of the business community to see how savings could be passed on to consumers.He explained that the BPI was making progress in moving away from the current hybrid system where some port charges are collected locally and others are collected via the shipping agent.“We have been in discussion w...
Source: barbadostoday.bb