The Government has reduced shipping-register fees and simplified ship-surveying procedures to help shipowners remain competitive, acting Chief Executive Anson Chan Fang On-sang said yesterday.
It would also help owners to lower their overseas tax liabilities through reciprocal arrangements with other jurisdictions, she said.
Mrs Chan was speaking after naming the container ship P&O Nedlloyd Kowloon at Modern Terminal's berth 5 in Kwai Chung.
Hong Kong had already entered into a double taxation arrangement with the United States and the mainland, she said.
The SAR was also negotiating reciprocal freight tax exemption arrangements with many key trading partners.
She was confident that the Government could continue to attract more shipping companies to Hong Kong.