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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

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