Singapore to reduce port dues concessions
THE MARITIME and Port Authority (MPA) in Singapore will cut port dues concessions on all oceangoing ships, except containerships, from 10% to 5% beginning October 1.
Citing the shipping industry’s gradual recovery, MPA said the new rates would be in effect for the six month period to March 31, 2011.
Harbour craft, with the exception of pleasure craft for personal use, will get 10% port dues...
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