Light dues to be reduced by half a penny for financial year 2017 to 2018.
A strong and growing maritime industry is vital to the economy of the United Kingdom and it is critical that we treasure and protect this vital artery if we are to remain a world-leading maritime centre.
The work of the General Lighthouse Authorities, which provide and maintain marine aids to navigation and respond to new wrecks and navigation dangers in some of the busiest waters in the world, is crucial to underpinning that vision whilst maintaining our vigorous safety record and continuously improving standards of safety.
Reductions in the 3 General Lighthouse Authorities’ running costs has already enabled the UK to reduce light dues for three successive years.
For 2017 to 2018 I intend to cut light dues by a further half a penny to 37½p per net registered tonne.
This will mean that light dues will have fallen by 25% in real terms since 2010.
Light dues rates will continue to be reviewed on an annual basis to ensure that the General Lighthouse Authorities are challenged to provide an effective and efficient service which offers value for money to light dues payers while maintaining the highest levels of safety for mariners.