The
Hong Kong not many of those trained there actually go to sea.
expansion of training facilities will of course be another cost to be
borne by Hong Kong.
Although no
Note 4. The other plank of course is the extent to which tonnage
registered in Hong Kong is beneficially owned there.
figures are available it is suspected that the proportion of the Hong Kong
registered fleet consisting of Hong Kong beneficially-owned vessels is
at least as high as the 35% of the Metropolitan UK fleet owned by UK
companies at 30 September 1979. And the tonnage registered in Hong Kong
has greatly increased in recent years, partly as a result of the increased
importance of trades in the region around Hong Kong and partly as a
result of conscious decisions by some Hong Kong owners to register more
vessels there (in 1979 for example the C Y Tung Group registered six
container vessels there).
SP3c
March 1980
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Private notes are available after approval.