Port Dues Concession for Box Ships at Singapore

January 16, 2016

 

In light of the current shipping downturn and to demonstrate the government’s commitment to maintain Singapore as a global hub port, MPA will grant an additional 10% concession on port dues payable by ocean going container vessels carrying out cargo works with port stay of not more than 5 days.

This will be for a period of 1 year and will take effect on 15 January 2016.

The additional 10% concession is granted on remaining port dues payable after the port dues concession for green port programme, if applicable, and the 20% port dues concession for container vessels which was first introduced in 1996.

Source: Maritime and Port Authority of Singapore Port Marine Circular No.2 of 2016 dated 14 January 2016

 

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