MPA Singapore applies new port due incentives to promote LNG
MPA Singapore has issued a circular to inform about new port dues incentives in effect at the Port of Singapore with the aim to further support the use of LNG. MPA Signapore continues encouraging the use of LNG as a marine fuel in the Port of Singapore through two important initiatives which had previously announced during the 19th SIBCON (October 2016).
Specifically, the initiatives are:
A five – year waiver of craft port dues for LNG fuelled harbour craft: This programme entitles LNG-fuelled harbour craft new buildings to a waiver of craft port dues for a period of 5 years.
10% port dues concession for Green Port Programme vessels that engage LNG fuelled harbour craft for port operations: this programme grants 10% port dues concession to Green Port Programme (GPP) registered vessels that are serviced by LNG-fuelled harbour craft during their port stay. T his is in addition to the 25% port dues concession that GPP- registered vessels receive for adopting measures to cap sulphur emissions to ≤ 0.50% m/m during their stay in the Port of Singapore.