There are needs for ship registers to become business oriented but maintain the quality of fleet. To meet these two objectives, Hong Kong Shipping Register (HKSR) was re-engineered in 1999. An autonomous HKSR was established before the handover of the sovereignty of Hong Kong to China in 1997. When the newly established HKSR began operation, it fell to merely 5.5 million tons in late 1997. In M…