The Virgin Islands Port Authority board of governors unanimously approved a $41.9 million dredging contract during its Wednesday meeting.
The project advances a long-anticipated effort to deepen sections of the Charlotte Amalie Harbor, including the turning basin and areas adjacent to Yacht Haven Grande. The contract was awarded to Orions Group Holdings, Inc. for marine dredging services.
The project will improve navigational access by deepening the harbor’s entrance channels, turning basin, and berthing areas, making it easier for larger vessels to safely maneuver and dock. A key component includes additional dredging tied to Yacht Haven Grande, funded separately by the marina. This work will expand capacity, enhance existing slips, and accommodate larger yachts.
“This is a critical investment not just for the harbor, but for Yacht Haven Grande and the future of marine tourism in the territory,” said Preston Beyer, director of Engineering at VIPA. Other board members emphasized the partnership behind the project, noting that Yacht Haven Grande’s participation ensures the expansion is both strategic and sustainable.
The dredging effort, which began its planning phase in 2008, is also expected to significantly benefit cruise operations by improving access for larger ships calling on the West Indian Company Dock. Officials said the improvements will strengthen St. Thomas’ position as a premier cruise destination and support continued growth in passenger arrivals.
Beyer said the bid evaluation process included representatives from the West Indian Company Limited and Yacht Haven Grande, who participated in discussions alongside VIPA staff to ensure transparency and coordination, given the project’s direct impact on both entities’ operations.
Funding for the dredging project comes from a combination of local appropriations and financing. Legislative support includes Act 8861, which allocates $1.43 million for pre-construction costs, along with Acts 8787 and 9068, which provide $17 million and $6 million, respectively, for dredging activities. Additional funding will be secured through VIPA marine bonds, to be repaid through increased port dues collected directly from cruise passengers on a per-passenger basis.
Within this broader investment strategy, the dredging project tied to Yacht Haven Grande stands out as a transformative initiative. “This is about positioning the territory for the next generation of marine traffic,” Beyer said. “Yacht Haven Grande’s expansion, combined with the harbor dredging, ensures we are ready for the vessels that are coming, not just the ones we accommodate today.”
Board members in attendance included Board Chair Willard John, Derek Gabriel, Kevin Rodriguez, Gordon Rhea, and Jennifer Matarangas-King.
