Shipowners show their trust in Panama’s Ship Registry The Panama Ship Registry is the largest in the world since 1993. This year, most of the vessels that entered the Panamanian registry were Bulk Carrier vessels. Panama-flagged bulk carriers represent 22% of the world´s bulk carrier fleet, with 2,725 vessels and 112.1M […]
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PANAMA REAFFIRMS ITS COMMITMENT TO INTERNATIONAL COMPLIANCE
The Panama Maritime Authority (AMP), the entity responsible for the administration of the Panama Ship Registry, has bolstered its operation for strengthening the application of its procedures, especially those related to due diligence and international compliance of its fleet. The AMP has reinforced methodologies, acquired new tools, trained personnel and created new areas within the […]
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PANAMA SHIP REGISTRY CLOSES 2020 WITH 230M GT
The Panama Ship Registry has reached 230,577,081 GT with 8,516 vessels, a growth of 6.22% compared to 217,083,822 GT at December 2019, according to IHS MARKIT. It is the first time, the Panamanian flag has attained the 230M GT mark and the best growth [6.22%] since the end of 2011, “figures which make us very […]
Continue readingPANAMA MOURNS WILLIAM O’NEIL PASSING
The Panama Maritime Authority and the Ship Registry are grieving the passing of IMO Secretary-General Emeritus William A. O’Neil and express their condolences to his wife, Mrs Olga O’ Neil and his family. “William O’ Neil was a great friend of Panama -he received the Grand Croix of the “Vasco Nunez de Balboa“ ’s order- […]
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PANAMA BECOMES FULL MEMBER OF THE TOKYO MEMORANDUM OF UNDERSTANDING (TOKYO MOU)
Panama was accepted as Full Member of the TOKYO MOU, during the TOKYO MOU’s 30th PSC Committee Meeting. ¨it is a great honor be part of this prestigious body, ¨ said Panama Maritime Authority’s Director of Merchant Marine, Rafael Cigarruista who heads Panama Ship Registry. The Tokyo MOU is one of the most active regional […]
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PANAMA’S SHIP REGISTRY FISCAL REGIME IS EVALUATED SATISFACTORILY BY OECD
The Organization for Economic Co-operation and Development (OECD) has evaluated satisfactorily Panama’s Ship Registry fiscal regime during its 52nd session of the Forum on Pernicious Fiscal Practices, held in in June 2019, in Paris, France. A statement from the agency indicated that the tax arrangements of the Panama Pacifico’s Special Zone and the headquarters of […]
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PANAMA SHIP REGISTRY MODERNIZES SHIP REGISTRATION
The Panama Ship Registry has announced it will integrate in a single platform “Electronic Ship Registration System (ESRS)” the present systems used by Panama Maritime Authority’s General Directorate of Merchant Marine (Ship Registry) and General Directorate of Public Property registry of Ships (ownership titles and mortgage registration), to simplify the process of ship registration. The […]
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THE BIGGEST BOXSHIP IN THE WORLD, JOINS THE PANAMANIAN SHIP REGISTRY
The Panama International Ship Registry adds to its world record ship roll, the MSC GÜLSÜN, the biggest boxship ever built, under IMO number 9839430. It is also the first ship featuring 24 rows across, adding 1,500 extra container capacity compared to the traditional container vessels, to widen its cargo capacity. For the recently appointed Minister […]
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