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IBI Premium Content, by Neil Eaves2021-03-12T13:08:00
Many companies are diverting business elsewhere to stay afloat
Andrew Ball, chairman of the British Virgin Islands Marine Association (BVIMA), has confirmed that many charter companies have moved to ‘bluer waters’ in a bid to stop financial haemorrhaging, sending their boats as far away as..
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Boats have now left the BVI for ‘bluer waters’ Chairman of the BVI Marine Association, Andrew Ball.
Chairman of the BVI Marine Association, Andrew Ball has confirmed that multiple local charter companies have sailed their boats to “bluer waters” in a bid to stop financial haemorrhaging.
Ball who appeared on a recent episode of the Cut Deep talk show said charter companies have sent their boats as far as the Mediterranean region to keep their businesses afloat.
“It’s not just St Thomas, boats have gone to The Bahamas, they’ve gone to St Martin, Grenada, some have them have been shipped to the Mediterranean. Everybody’s redistributing to get what they can out of their assets so they can survive,” Ball explained.
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