Despite shifting geopolitics and registry challenges, industry leaders say Hong Kong remains key in global maritime ownership while the United States pursues its own maritime ambitions
Hong Kong continues to hold a meaningful role as an international ship-owning centre, even as some industry participants highlight the United States’ potential rise in maritime capacity.
An analysis published by a leading maritime data provider emphasises that Hong Kong’s shipping registry, services ecosystem and proximity to the mainland’s cargo hub still underpin its relevance.
While data show the number of oceangoing vessels registered in Hong Kong has declined by over 8 per cent since 2021 — from around 2,580 to 2,366 — the registry remains ranked fourth globally in terms of gross tonnage and maintains a comprehensive maritime services cluster that supports ship-finance, insurance and arbitration.
Hong Kong’s government recently affirmed its commitment to strengthening the city’s maritime status via its Maritime and Port Development Strategy, which sets out multiple action measures to enhance competitiveness through innovation, green shipping and logistics integration.
Industry insiders recognise growing external pressures: pressures from international sanctions, U.S. tariffs and rising national-security scrutiny are prompting some owners to diversify flags.
However, many retain Hong Kong registration to maintain proximity to China’s manufacturing, shipping and commodity trades — which cover around 40 per cent of global dry-bulk import-export activity.
In parallel, the United States has signalled a broader ambition to expand its maritime capacity — especially in ship-finance, new-build ordering and strategic logistics — adding an emerging competitive dimension to the global ship-owning landscape.
Nonetheless, experts argue that Hong Kong’s established services infrastructure and East-Asia positioning continue to provide a distinct value proposition.
Analysts say that Hong Kong’s future as a ship-owning centre will hinge on its ability to adapt to evolving geopolitics, reinforce regulatory clarity and expand value-added services.
Should it succeed, the city can maintain its niche even as global maritime power dynamics shift.
An analysis published by a leading maritime data provider emphasises that Hong Kong’s shipping registry, services ecosystem and proximity to the mainland’s cargo hub still underpin its relevance.
While data show the number of oceangoing vessels registered in Hong Kong has declined by over 8 per cent since 2021 — from around 2,580 to 2,366 — the registry remains ranked fourth globally in terms of gross tonnage and maintains a comprehensive maritime services cluster that supports ship-finance, insurance and arbitration.
Hong Kong’s government recently affirmed its commitment to strengthening the city’s maritime status via its Maritime and Port Development Strategy, which sets out multiple action measures to enhance competitiveness through innovation, green shipping and logistics integration.
Industry insiders recognise growing external pressures: pressures from international sanctions, U.S. tariffs and rising national-security scrutiny are prompting some owners to diversify flags.
However, many retain Hong Kong registration to maintain proximity to China’s manufacturing, shipping and commodity trades — which cover around 40 per cent of global dry-bulk import-export activity.
In parallel, the United States has signalled a broader ambition to expand its maritime capacity — especially in ship-finance, new-build ordering and strategic logistics — adding an emerging competitive dimension to the global ship-owning landscape.
Nonetheless, experts argue that Hong Kong’s established services infrastructure and East-Asia positioning continue to provide a distinct value proposition.
Analysts say that Hong Kong’s future as a ship-owning centre will hinge on its ability to adapt to evolving geopolitics, reinforce regulatory clarity and expand value-added services.
Should it succeed, the city can maintain its niche even as global maritime power dynamics shift.







































