Hong Kong plans dual registration in push to regain flag competitiveness
- Hong Kong plans to introduce a dual registration regime to boost the competitive edge of its ship registry
- Move follows a significant tonnage shift to Singapore by key owners such as Seaspan and Pacific Basin
- Under the proposal, Hong Kong-registered ships could be bareboat chartered under another flag
Chinese special administrative region is turning to dual-flag registration and overseas outreach as it tries to reinvent its registry model in the wake of a high-profile exodus of ships to Singapore
