Port Dues Concession for Box Ships at Singapore
Courtesy Maritime and Port Authority of Singapore
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
Maritime Logistics Professional ENews is the industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week