Singapore Port Authority to Incentivise LNG Fueled Ships

The Maritime and Port Authority of Singapore (MPA) will incentivise ships using LNG as part of Singapore’s longer term efforts to encourage LNG as a sustainable alternative fuel source.

From July 1, 2016 incentives will be offered under the Maritime Singapore Green Initiative (MSGI), launched by MPA in 2011. 

MPA on Thursday said under the Green Port Programme (GPP), ships using LNG in the Port of Singapore will enjoy a flat rate of 25 percent concession in port dues. A similar incentive was being offered to ships using fuel with sulphur content not exceeding 1 percent. With effect from July 1, 2016, the sulphur oxides limit under the Green Port Programme (GPP) will be reduced further to 0.5 percent.

MPA also introduced the Green Energy Programme (GEP), which aims to promote adoption of alternate or cleaner marine fuels as well as wider adoption of energy efficient operational measures, in anticipation of developments on the global sulphur emissions cap.

These efforts would come through support in asset and infrastructural development, as well as provision of various platforms for the industry to gain knowledge on these alternate fuels. To date S$12 million has been committed towards the LNG pilot programme, MPA said.