Study on Ship Registration Mechanism of Attracting Chinese- Funded Foreign Ships to Hainan Free Trade Port ---Big data analysis based on nationality of Chinese-funded ships

Wei Aimin, Wang Hui () and Li Donglou
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Wei Aimin: Hainan Vocational University of Science and Technology
Wang Hui: Hainan Vocational University of Science and Technology
Li Donglou: Hainan Vocational University of Science and Technology

A chapter in Proceedings of the 2023 International Conference on Finance, Trade and Business Management (FTBM 2023), 2023, pp 286-298 from Springer

Abstract: Abstract Based on the analysis of big data on international Chinese-funded ship registration, this article finds that the proportion of Chinese-funded ships registering under convenient flags has been increasing year by year. This is highly detrimental to the concentration of shipping factors and the development of the shipping industry. The construction goals of Hainan Free Trade Port include attracting more Chinese-funded international ships to register in the port. However, the current development situation is still not ideal. By comparing the ship registration systems in places like Hong Kong and Singapore, this article discovers that the current ship registration system in Hainan Free Trade Port still suffers from the strict registration of complex procedures and overly strict requirements. Therefore, the article proposes suggestions such as relaxing the registration system and providing multiple support services to attract more Chinese-founded foreign ships to return for registration.

Keywords: Hainan Free Trade Port; International ship registration; reform (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-298-9_32

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DOI: 10.2991/978-94-6463-298-9_32

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