Core Insights - The establishment of "China Yangpu Port" as a ship registration port has attracted numerous international vessels, with 64 ships registered and a total deadweight tonnage exceeding 6.35 million tons, making Hainan's international shipping tonnage the second highest in China [2][3] - The zero-tariff policy for imported vessels and the tax rebate policy for domestically built ships have significantly reduced operational costs for shipping companies, enhancing their competitiveness [3][4] - Hainan's free trade port has created a favorable business environment, leading to the registration of nearly 1,000 shipping companies and the emergence of a trillion-yuan port and shipping logistics industry cluster [5] Group 1: Policy and Regulatory Framework - The "China Yangpu Port" ship registration system is a core policy of Hainan's free trade port, featuring innovative measures such as the elimination of foreign investment restrictions and simplified registration processes [4] - The introduction of a "no-stop operation" service for ship registration has effectively mitigated previous issues related to vessel downtime during registration, saving companies significant costs [3][4] Group 2: Economic Impact and Growth - Hainan's shipping industry is experiencing rapid growth, with a stable operation of 72 container shipping routes covering major ports nationwide, contributing to a new pattern of trade [5] - The total foreign trade value of Hainan is projected to reach 277.65 billion yuan in 2024, marking a 20% year-on-year increase, with exports surpassing 100 billion yuan for the first time, reflecting a 43.5% growth [5]