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

 

Logistics News

Strong Cargo Demand Offsets Rising Costs for ONE

Strong Cargo Demand Offsets Rising Costs for ONE

Oil Exports to Increase From Russia's Western Ports in August

Oil Exports to Increase From Russia's Western Ports in August

CBOT Wheat Prices Rise As Russia, Ukraine Conflict Threatens Exports

CBOT Wheat Prices Rise As Russia, Ukraine Conflict Threatens Exports

Lemissoler Navigation Names Bulk Vessel Pair

Lemissoler Navigation Names Bulk Vessel Pair

Subscribe for Maritime Logistics Professional E‑News

Lufthansa announces 2026 profit forecast following Q2 fuel cost impact on EBIT
Qantas, Australia's airline, will buy back shares worth $52 million from Jetstar Japan.
New York Times Business News - August 4, 2018