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Singapore cuts cruise ship port dues by 50% as part of coronavirus relief package

Mariner and genting Dream MBCC - low res.jpg
Mariner of the Seas and World Dream pictured last year at Marina Bay Cruise Center in Singapore
The Maritime and Port Authority of Singapore (MPA) is giving a 50% port dues concession to passenger vessels, to provide relief to vessel owners and operators who have seen a drop in passenger volumes due to the COVID-19 outbreak.

The new concession, to be given from March 1 to August 31, will be on top of all existing port dues concessions. 

All cruise vessels and regional ferries with a port stay of not more than five days and passenger-carrying harbour craft will qualify for the new concession.

It is expected to benefit more than 600 cruise vessels, regional ferries and passenger-carrying harbour craft, bringing total savings of over $1m in the six-month period, calculates the MPA.

The new port dues concession for passenger vessels is part of the COVID-19 relief package announced Tuesday by Deputy Prime Minister and Minister for Finance Heng Swee Keat.