15 Jan 2016 / Singapore

Additional 10% port dues concession for container vessels

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.

(For information about operations in Singapore contact GAC Singapore at [email protected])

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

If quoting any content from Hot Port News, please cite GAC Hot Port News as the source.

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