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Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
16200 Central Green Blvd
GAC Regional Office, Asia Pacific 78 Shenton Way, #29-01
Group Vice President, Asia Pacific & Indian Subcontinent
Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
Leverage on our experience and expertise with integrated shipping, logistics and marine services tailored to meet your needs.
Safe, reliable and swift delivery of quality marine fuels at competitive prices
Round-the-clock ship supply services
Specialised solutions to improve supply chain efficiency
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03 Jul 2018 / China
Effective from 1 July 2018, China has added Panama to the list of vessel registered countries to be entitled to the preferential rate for tonnage dues.
The preferential rate, compared to the general rate, is as follows:
NRT ≤ 2,000 T
General Rate
- 1 year: 12,6
- 90 days: 4,2
-30 days: 2,1
Preferential Rate
- 1 year: 9
- 90 days: 3
- 30 days: 1,5
2,000 T < NRT ≤ 10,000 T
General Rate
- 1 year: 24
- 90 days: 8
-30 days: 4
Preferential Rate
- 1 year: 17,4
- 90 days: 5,8
- 30 days: 2,9
10,000 T < NRT ≤ 50,000 T
General Rate
- 1 year: 27,6
- 90 days: 9,2
-30 days: 4,6
Preferential Rate
- 1 year: 19,8
- 90 days: 6,6
- 30 days: 3,3
50,000 T < NRT
General Rate
- 1 year: 31,8
- 90 days: 10,6
-30 days: 5,3
Preferential Rate
- 1 year: 22,8
- 90 days: 7,6
- 30 days: 3,8
[NOTE: Calculation method is NRT x Rate (RMB)]
Liberia: Preferential Rate valid to 13 February 2019.
Panama: Preferential Rate valid to 16 May 2021.
For further details including the full list of the countries whose registered vessels are entitled to the preferential rate, and information about operations in China contact GAC China at [email protected]