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Tuesday, December 10, 2019

Maritime Logistics Professional

January 16, 2016

Port Dues Concession for Box Ships at Singapore

Courtesy  Maritime and Port Authority of 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

 

Port AuthoritySingapore