The Panama Maritime Authority, in collaboration with the Ministry of Foreign Affairs of Panama, have renewed the Agreement on Maritime Transport between the Government of the Republic of Panama and the Government of the People’s Republic of China. This agreement came into force July 20, 2021, at the end of the renewal process between the […]
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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 IS RE-ELECTED IN “A” CATEGORY OF THE COUNCIL OF THE INTERNATIONAL MARITIME ORGANIZATION
Panama, the world largest Ship Registry, has been re-elected in Category “A” of the Council of the International Maritime Organization which reiterates the position of the registry and its leadership. Panama has been in Category “A” of the Council since 2003, demonstrating a high level of commitment to the Organization. Only 40 countries of the […]
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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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