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Fearing it would lose its designation as a top yachting capital, the British
Virgin Islands cabinet decided to "indefinitely defer" implementing
a controversial harbor fee for any vessel entering or remaining in BVI
waters.

Initially slated to go into effect July 1 and pushed back to July 15,
the fee would have had a serious impact on the territory’s lucrative
yachting industry. "Cabinet determined that if the BVI were to
implement this new fee structure, the territory may have become the
most expensive destination in the world for mariners and yachts,"
Premier Ralph T. O’Neal said in a press release issued July 15. Read
the story
.