-
MONDAY, OCTOBER 10, 1988
WHICH WAS SET UP EARLY LAST "NOW THE STEERING GROUP,
AND WORKING CONTINUING ITS WORK THROUGH ITS COMMITTEES
YEAR,
19
**
GROUPS,
HE
SAID.
IS "IT CONSIDERATIONS CERTIFICATION."
GETTING NOW ON SUBJECTS
TO DOWN
SUCH
VERY DETAILED
AND TECHNICAL
AS CREW QUALIFICATIONS
AND
||
IN THE AREA OF
FINANCE,
RECOMMENDED THE INTRODUCTION OF AN
MR CLARK ANNUAL
SAID TONNAGE
THE
STEERING CHARGE FOR
GROUP
EACH
SHIP.
REGISTRATION
FEE AND
SHIP
"THIS WOULD SUPPLEMENT AN INITIAL SURVEY FEES AS MAY BE APPROPRIATE," HE SAID.
FOR BOTH
LEAD ΤΟ THE AND SHIPOWNERS
"THE AIM WOULD BE TO EVEN OUT INCOME YEAR ON YEAR AND BETTER FORECASTING AND MORE CERTAINTY REGISTER."
MR.
CLARK
KONG
AS
MUST BE THESE SAID BEST COMMERCIAL ADVANTAGE ENOUGH FOR THE BY REQUIRED
ON REGISTRATION REQUIREMENTS, FLEXIBLE ENOUGH FOR THE SHIPOWNER TO TAKE OF REGISTERING HIS SHIP IN HONG KONG, AND ALSO TIGHT
AND HONG GENUINE LINK BETWEEN INTERNATIONAL LAW.
EACH
SHIP
A SHIP COULD HE SAID THE STEERING GROUP HAD RECOMMENDED THAT
A HONG KONG COMPANY, BE REGISTERED IN HONG KONG IF IT WAS OWNED BY
HONG KONG
COMPANY UNDER THE EITHER INCORPORATED OR ESTABLISHED IN ORDINANCE.
IS PROPOSED LEAST 50
"TO TAKE ACCOUNT OF MODERN SHIPPING PRACTICES, IT THAT OWNERSHIP IN THIS CONTEXT MAY MEAN THAT THE SHIP IS AT PER CENT OWNED BY THAT COMPANY, OR THAT THE VESSEL IS CHARTERED-IN
BY WERE OWNED IT THOUGH AS OPERATED THAT COMPANY AND REGISTRATION WOULD NOT BE PERMITTED," HE SAID.
IT.
BY DUAL
"A SHIP CAN ALSO BE REGISTERED IF IT IS OWNED BY AN
IS TO THIS RECOMMENDATION KONG. RESIDENT OF HONG REGISTRATION OF PLEASURE CRAFT IN HONG KONG.
CATER
INDIVIDUAL
FOR
THE
11
/MR CLARK .........