Singapore beats Hong Kong in gross tonnage registered as more vessels reflag
Higher tonnage in September makes Republic the world’s fourth-largest ship registry
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[SINGAPORE] The ship registry of Singapore has pulled ahead of its closest competitor, Hong Kong, after some shipowners reflagged their vessels to the city-state amid US-China geopolitical tensions.
There were 4,230 ships with total gross tonnage of 127.8 million sailing under the Singapore flag as at end-September, data published by the Maritime and Port Authority of Singapore showed.
This was higher than the 120.6 million registered in Hong Kong, which had 2,162 ships as at end-September, according to the Hong Kong Shipping Registry.
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