load_file(“/includes-n/article_top.html”);load_file(“/includes-n/float_share.html”);SOURCE / ECONOMYSouth China’s Hainan qualifies the first wholly foreign-owned shipping enterpriseBy Global Times Published: Apr 08, 2021 02:53 PMload_file(“/includes-n/article_share.html”);A worker loads containers at the port of Yangpu in south Chinas Hainan Province, April 8, 2020. (Xinhua/Pu Xiaoxu)Hainan Maritime Safety Administration issued a compliance certificate to Hainan Laifushi Marine Engineering Management Co, meaning the enterprise became the first wholly foreign-owned shipping firm qualified for business in Hainan Free Trade Port.This move marked that Hainan Free Trade Port has further released its policy dividend, Xinhua reported on Thursday, adding that Hainan would attract more global shipping companies to gather in the province in South China. Hainan Laifushi Marine Engineering Management Co was registered in Hainan Yangpu Economic Development Zone in March, according to Xinhua, which was also the first wholly foreign-owned shipping company registered in Hainan after Chinese authorities released the master plan for the Hainan Free Trade Port in June 2020. The company is invested and established by Greenland Petroleum Operation Pte. Ltd from Singapore, according to the company information website Tianyancha.Since the company needed a compliance certificate to manage an offshore ship from the Marshall Islands engaging in global marine engineering ship safety and pollution prevention management which will be transferred to Chinese nationality, the Hainan Maritime Safety Administration launched a green path for the company and quickly approved its application, Xinhua reported.  According to Xinhua, the Hainan Maritime Safety Administration will further explore measures to facilitate the review and issuance of certificates to help companies reduce operating costs and attract more shipping companies and ships to Hainan. Global Timesload_file(“/includes-n/article_share.html”);RELATED ARTICLES South China’s Hainan pilots digital currencySouth China’s Hainan Province is set to pilot a digital currency consumption promotion event, as Chinese central bank-backed … Favorable policies give a boost to medicine, education and seed industry in Hainan China’s top economic planner and commerce ministry announced 22 affirmative measures to boost market access to support the … Agricultural base in Hainan, S ChinaAerial photo taken on April 5, 2021 shows an agricultural base in Guangpo Town, Lingshui Li Autonomous County, …load_file(“/includes-n/article_most_view.html”);var wxs = (function() {return navigator.userAgent.toLowerCase().indexOf(micromessenger) !== -1})();if (!wxs) {/* * * CONFIGURATION VARIABLES: EDIT BEFORE PASTING INTO YOUR WEBPAGE * * */var disqus_shortname = globaltimes; // required: replace example with your forum shortnamevar disqus_identifier = 1220542;/* * * DONT EDIT BELOW THIS LINE * * */(function () {var dsq = document.createElement(script); dsq.type = text/javascript; dsq.async = true;dsq.src = https:// + disqus_shortname +;(document.getElementsByTagName(head)[0] || document.getElementsByTagName(body)[0]).appendChild(dsq);})();}Please enable JavaScript to view the comments powered by comments powered by Disqusload_file(“/includes-n/footer.html”);load_file(“/includes-n/addthis.html”);

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