11-10-2017

Withdrawal Of 50% Port Dues Concession For Marpol Compliant Double-Hulled Port Bunker Tankers From 1 Jan 2018

Since January 2012, MPA has granted a 50% port dues concession for MARPOL- compliant double hulled (MCDH) port limit bunker tankers. The aim was to encourage the use of MCDH port limit bunker tankers in the Port of Singapore.

The International Maritime Organization (IMO) has since required Heavy Fuel Oil to only be carried by MCDH tankers from 2015. As the IMO requirement has been in force since 2015, the Maritime and Port Authority of Singapore (MPA) will be withdrawing the existing 50% port dues concession.

With effect from 1 January 2018, all port limit bunker tankers will be required to pay annually, port dues in full, at the prescribed rate. MCDH port limit bunker tankers with keel laid date before 1 January 2018 will however, continue to enjoy the 50% port dues concession until they reach 5 years of age. Please see Table A below for details.

Table A

The following port dues surcharges payable as detailed in Table B will continue to apply.

Table B

Port Marine Circular No. 09 of 2011 will be cancelled with effect from 1 Jan 2018.

Source: MPA

Previous Next
 

We Are Creating More Value for EXIM Trade : Mr. Neeraj Bansal

View More Videos


Gallery

ISMS2017

View All Albums