SOME shipping companies are moving operations out of Hong Kong and taking vessels off its flag registry while others are planning to do so, Reuters reports. Behind these low-profile moves, six shipping executives said, lie concerns that their ships could be commandeered by the Chinese authorities or hit with US sanctions in a conflict between Beijing and Washington. Beijing’s emphasis on the role of Hong Kong in serving Chinese security interests and growing US scrutiny of the importance of...
https://www.seanews.com.tr/shipping-pulls-back-from-hong-kong-to-skirt-us-china-risk/202764/