Regulations needed because of ‘bad apples’ within the industry: Sabrina Chao

Sabrina Chao has hit out at “bad apples” within shipping that need to be targeted by legislation.

Interviewed for the debut issue of Opportunity, Hutchison Ports’ corporate emagazine, Chao, chairman of Wah Kwong Shipping and the Hong Kong Shipowners Association, commented: “Regrettably, there are some bad apples among the good, and it is the former that the new regulations are targeted at.”

Chao used the interview as a platform to air her three-point plan for local Hong Kong owners to mitigate the worst of the ongoing downturn. Chao said it was vital shipowners scrutinised all incoming legislation, as well as urging the Hong Kong government to do more for the local shipping community including fixing more double-taxation agreements and deploying more staff for the stretched local ship registry. Finally, Chao urged her peers to “think creatively and plan innovatively” by taking advantage of the latest technologies.