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Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
16200 Central Green Blvd
GAC Regional Office, Asia Pacific 78 Shenton Way, #29-01
Group Vice President, Asia Pacific & Indian Subcontinent
Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
Leverage on our experience and expertise with integrated shipping, logistics and marine services tailored to meet your needs.
Safe, reliable and swift delivery of quality marine fuels at competitive prices
Round-the-clock ship supply services
Specialised solutions to improve supply chain efficiency
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15 Dec 2022 / Singapore
The Maritime Welfare Fee (MWF) applies for each vessel call. Currently, to qualify for the MWF concession, the vessel’s port stay must not exceed four days for that vessel call. The 100% MWF concession, first introduced with effect from 1 October 2012 for a period of five years as part of economic relief measures, was subsequently extended twice in 2017 and 2019, and is expected to expire on 31 December 2022.
To assist our industries, the MWF concession will be extended for a further two years at the following rates and cease thereafter:
a. 75% MWF concession from 1 January 2023 to 31 December 2023; and
b. 50% MWF concession from 1 January 2024 to 31 December 2024.
The concession will cease from 1 January 2025.
The MWF concession applies for vessels with port stay not exceeding four days and vessels that meet such prevailing condition(s) as may be notified by MPA from time to time.
(For information about operations in Singapore, contact GAC Singapore at [email protected])
Source: Maritime and Port Authority of Singapore Port Marine Circular No.24 of 2022