The Maritime and Port Authority of Singapore (MPA) has cut port dues for ocean-going ships and also for harbour craft, “to help the shipping industry during the current economic downturn”. Ocean-going vessels with a port stay of not more than 10 days will pay 10% less, while harbour craft engaged in commercial activities within Singapore port waters will get a 20% dues reduction. Both measures will take effect from 1 April and will last a year.
An MPA statement says: “The 10% concession in port dues to ocean-going vessels will be extended over and above existing port dues concessions already enjoyed by the industry, such as the 20% port dues concession for containerships and 20 per cent port dues rebate scheme for vehicle carrier operators. This concession will broaden the spectrum of vessels like bulk carriers, tankers and other types of ocean-going vessels benefiting from the financial relief.”
MPA continues: “The 20% concession in port dues for harbour craft is targeted at helping the domestic sector. This concession seeks to lower the business costs of port and marine services providers, such as bunker suppliers, ship chandlers, tug boat operators and domestic ferry operators.”
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