Panama Cancels More Sanctioned Ships
The Panama Maritime Authority has initiated the expedited cancellation of six Panamanian vessels included in the UK Sanctions List – Consolidated List of Financial Sanctions Targets in the UK.The six ships were added to the UK list on November 25.“The State has the responsibility to guarantee the well-being of the Panamanian Registry, free of international sanctions and of vessels linked to or included in sanctions lists that may affect the prestige of the flag. This is a priority issue for this administration…
PMA Responds to Sanctions Breach Claim
In response to recent media reports regarding a Seaman’s Book allegedly found with a Lebanese national naval officer, the Panama Maritime Authority (PMA) has issued a statement clarifying the following:“The individual mentioned holds a Seaman’s Book issued by the Republic of Panama, with an endorsement - meaning official recognition of the title - which was requested at our international offices in 2022. At that time, the individual was not listed by the United Nations as a terrorist…
Panama Lures NCL and RCI into Home Port Visits
Norwegian Cruise Line (NCL) has chosen the port terminals of the province of Colón and the province of Panama (Panama Cruise Terminal) as home ports.Between December 2024 and December 2025, there will be four NCL embarking/disembarking operations there for the Norwegian Jade and Norwegian Gem. There will also be two operations for the six-star ship Sirena, belonging to the exclusive fleet of the luxury cruise company Oceania Cruises, with a capacity for 800 passengers.This decision…
Panama Exceeds Flag Registry Expectations
The renewal of the Panama merchant fleet is one of the quality objectives of the Panama Maritime Authority (PMA), which is why the entry of vessels under 15 years of age to the Panama Ship Registry is being prioritized.As a result, 57% of ships registered in 2024 have an average age of four years. These vessels come mainly from the Asian market, a region in which the Panamanian Registry has technical offices (Japan, Singapore, South Korea, China, Hong Kong and the Philippines).Among the strategies to improve the PMA indicators is also the recruitment of newly built vessels.
Association of Panamanian Shipowners Joins ICS
The Association of Panamanian Shipowners (ARPA) has become an associate member of the International Chamber of Shipping (ICS).Launched in 2020, ARPA was created by shipowners and operators of vessels to strengthen Panama’s shipping industry by offering quality support, professionalism, credibility, and active contribution to the social economic and environmental improvement of the country.This membership will build on the relationships across the maritime sector as the industry continues to work together to find solutions to collective issues including piracy…
Panama Updates its General Merchant Marine Law
The Panama Maritime Authority (AMP) and Panama’s main maritime associations concluded the meetings for the revision of the General Merchant Marine Law, law 57 of August 6, 2008.A total of 188 articles were reviewed; 70 were modified; 10 were eliminated and more than 12 new articles were proposed, and all of them were approved in consensus. These amendments aim at improving the competitiveness of the Panama Ship Registry for remaining at the forefront of the maritime sector.For this Administration…
Panama to Fine Ships up to $10,000 if They Tamper with Transponders
Panama's Maritime Authority said it will impose sanctions on vessels, including fines of up to $10,000 and withdrawing its flag from the ship, if they deliberately deactivate, tamper or alter the operation of their tracking transponders."This General Directorate of Merchant Marine will impose sanctions to all those Panamanian flagged vessels that deliberately deactivate, tamper or alter the operation of Long Range Identification and Tracking System or the Automatic Identification System…
