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Discounts on tonnage taxes for green ships flying the Singapore flag

Published On 27 Apr 2022 11:47 AM


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The Maritime & Port Authority of Singapore (MPA) provides three categories of savings on initial registration costs and tonnage tax dependent on how many ships may exceed the International Maritime Organization's emission reduction targets in a circular outlining adjustment to the Green Ship Programme GSP for Singapore-registered ships (IMO).

The revised fee discounts will be in effect from May 1, 2022, to December 31, 2024.<....


Tags : Singapore, The Maritime & Port Authority of Singapore (MPA), Green ships,
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