Singapore extends vehicle transshipment rebate plan
The Maritime and Port Authority of Singapore has extended its scheme to attract vehicle transshipment through the island nation.
The port authority will extend its 20 percent rebate of port dues on transshipment vehicles until December 2010. The rebate, which was set to expire today, applies to car carrier operators who bring at least 10,000 transshipment units a year to the port, and whose volume grows at least 5 percent a year off the 2007 base.
Singapore extends vehicle transshipment rebate plan