This circular supersedes Port Marine Circular No. 17 of 2019.
Thecurrentportduesrebateschemeforvesselshandlingtranshipmentvehicles in Singapore will expire on 31 December2022.
Port dues for vessels handling transhipment vehicles in Singapore will apply in full from 1 January 2026. To help vehicle carrier operators in the transition, the rebate schemeoverthenextthreeyearsfrom1January2023till31December2025willapply asfollows1:
a.Less than 10,000 transhiped vehicles in Singapore per year: 5% port dues rebate if a minimum compound annual growth rate (CAGR) of 5% over base year2 is achieved. No rebate if growth condition is notmet.
b.Between 10,000 and 200,000 transhiped vehicles in Singapore per year: 10% port dues rebate if a minimum CAGR of 2% over base year is achieved; otherwise 5% port duesrebate.
c.More than 200,000 transhiped vehicles in Singapore per year: 10% port dues rebate if positive CAGR over base year is achieved; otherwise 5% port duesrebate.
Thevehiclecarrieroperatorwillnotbeentitledtotherebateduringanyyearthat it does not fulfill the conditions of thescheme.
Vehicle carrier operators that fulfill the conditions of the scheme for the year under review should complete and submit the attached application form to MPA by 30 April of the following year (i.e. the application for year 2023 should be submitted by 30 April 2024 and soon).
The port dues rebate scheme for vessels handling transhipment vehicles was introduced in 2005 to encourage the growth in vehicle transhipment business in Singapore. The scheme is reviewed every three years with the last one conducted in 2019.