The competitiveness of the Hong Kong Shipping Register (HKSR)

Pao Yue-kong Library Electronic Theses Database

The competitiveness of the Hong Kong Shipping Register (HKSR)

 

Author: Fung, Kwai-wing Edwin
Title: The competitiveness of the Hong Kong Shipping Register (HKSR)
Degree: M.Sc.
Year: 2003
Subject: Hong Kong Polytechnic University -- Dissertations
Ship registers -- China -- Hong Kong
Shipping -- China -- Hong Kong
Department: Dept. of Shipping and Transport Logistics
Pages: 193 leaves ; 30 cm
Language: English
InnoPac Record: http://library.polyu.edu.hk/record=b1749100
URI: http://theses.lib.polyu.edu.hk/handle/200/851
Abstract: Ships have a long and bright history as a means of sea transport. Our daily life actually depends very much on sea-borne transportation. Today, ship still remains the most economic way of transporting cargoes in large quantities such as steel, cement, gasoline, cars, oil, coal, foods and clothes, etc. Can readers image what price one has to pay if all the bulk cargo in large quantity is transported across the seas by air? The price is unaffordable! All vessels using the high sea must possess a national character under The United Nations Convention on the Law of the Sea 1982 (Article 91: "Nationality of Ships"); a stateless ship enjoys no protection (Article 94: "Duties of the Flag State"). Obviously, ship registration is a prime element in the shipping industry. The autonomous Hong Kong Shipping Register (HKSR) operated by the Hong Kong Marine Department (HKMD) of the government of the Hong Kong Special Administrative - Region (HKSAR) was founded on 3 December 1990 with 6.3 million GRT of ships in its book on that day. It faces a lot of challenges especially before and immediately after the return of the sovereignty of Hong Kong to China since 1st July 1997 when the registered tonnage dropped drastically. Thereafter the registered tonnage increased to a level even higher than the tonnage before 1997. The total number of ships and gross tonnage on the register are 784 vessels and 16,946,722 tons respectively as at 31st March 2003. Why? The external environment such as the Asia financial crisis, China joining the World Trade Organization (WTO), more tighten regulations from the International Maritime Organization (IMO), competition from other shipping registers and increasing public concerns on the pollution of marine environment definitely affect the HKSR. This paper conducted a detailed comparative analysis of the HKSR vis-a-vis other major shipping registers. The writer carried out statistical analysis of representative samples of shipping registers to correlate the findings of the literature review. It is hoped that this dissertation provides a broad foundation for interested parties to further improve the competitiveness of the HKSR, particularly the services standard and satisfying clients' expectation.

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