Core Insights - The successful registration of the "Green Shanghai" vessel marks a significant milestone for the Hainan Free Trade Port, enhancing the shipping policy benefits in the region [1][2] - The vessel is the first domestically built ship to be registered in "China Yangpu Port" and to enjoy VAT refunds, expanding the scope of VAT benefits to financial leasing institutions [1][2] Group 1: Vessel Details - The "Green Shanghai" is a cargo ship measuring 225 meters in length, 32.26 meters in width, and 21 meters in depth, with a total tonnage of 49,000 tons, operating on major international routes [1] - The ship is owned by a special purpose subsidiary of CITIC Financial Leasing Co., Ltd. and is leased to Yangpu COSCO Shipping Special Transport Co., Ltd. [1] Group 2: Registration Process - The Hainan International Ship Registration Administration implemented an innovative service model to efficiently respond to the registration needs of the "Green Shanghai" vessel, significantly reducing processing time by nearly 90% [2] - A dedicated service officer was assigned to guide the company through the registration process, ensuring all necessary documentation was prepared accurately [2] Group 3: Industry Impact - The successful registration of the "Green Shanghai" vessel opens new opportunities for financial leasing companies in the Hainan Free Trade Port, potentially attracting more firms to establish special purpose companies in Yangpu [2] - The initiative aims to create a cluster effect in the ship leasing industry, enhancing the influence of Hainan Free Trade Port in the international shipping market [2] Group 4: Future Plans - The Hainan International Ship Registration Administration plans to continue optimizing ship registration processes and expanding the influence of "China Yangpu Port" to attract more international vessels [2]