Panamanian Registry News

The Panama Maritime Authority (AMP) said it has recovered more than $15.7 million in wage payments owed to seafarers who sail on Panamanian-flagged vessels.Under its current administration, through the General Directorate of Seafarers (DGGM), the AMP said it has recovered $15,763,052.24 for vessel crewmembers, including $5,315,909.99 in 2022.The AMP said that during this span 1,248 maritime labor complaints were processed (including 451 in 2022) and that 1,864 crew members of various nationalities have been repatriated through the intervention of the AMP the shipowners…

Panama's vessel registry, the world's largest, has withdrawn its flag from 136 ships linked to Iran's state oil company in the last four years, the country's maritime authority said this week, pushing back against claims by an anti-nuclear group.Shipments of Iranian crude hit all-time highs in the last two months of 2022 and had a strong start this year, according to flow tracking firms. Those gains come despite U.S. sanctions on companies it accuses of helping Iran export oil…

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 112.1 million gross tons (GT), according to Clarksons Research.Between January and August 2021, Panama has incorporated 218 newly-built ships to its fleet, contributing 6.6 million GT, of which 61 vessels are from the bulk carrier segment.Additionally…

The Iranian tanker that sank after a collision in the East China Sea, causing the worst oil ship disaster in years, had its paperwork in order, according an initial review by maritime authorities in Panama, whose flag it was sailing under. The large tanker Sanchi (IMO:9356608) sank on Sunday after crashing into the freighter CF Crystal (IMO:9497050) and drifting ablaze for days. The ship's crew of 30 Iranians and two Bangladeshis are believed to have been killed. Fernando Solorzano…

The Panamanian Maritime Administration is running important market strategies to expand the fleet, the Bulletin Panama quoted Jorge Barakat Pitty, the Administrator of the Panama Maritime Authority (AMP) as saying. "Thanks to these efforts for the period 2016-2020, we expect about 665 new-buildings to join the Panamanian registry, which will generate valuable income for the State," Jorge said. He said that all actions have been developed in strict compliance within the parameters established by law, so the AMP maintains its firm purpose for Panama to continue as leader in ship flagging, always with the highest standards of care and safety required by international organizations and all with the support of an excellent and professional human capital.

The Maritime Administration (MarAd) has approved the sale and transfer of five vessels under section 9 of the Shipping Act, of 1916, as amended. On December 12 2007, MarAd approved an application filed by Rowan Companies, Inc., of Houston, TX. for the transfer of the mobile offshore drilling unit Hank Boswell (Official No. 1183234), to Marshall Islands registry and flag. On December 27, 2007, MarAd approved an application filed by Mobro Marine, Inc., of Green Cove Springs, FL, for sale of the freight barge MB 5500 Official No. 1080955, and the transfer of said vessel to Construction Norberto Odebrecht, S.A. a Venezuelan corporation, and transfer of said vessel to Venezuelan registry and flag.

The Maritime Administration (MARAD) has approved five applications under section 9 of the Shipping Act, 1916, as amended. · Coastal Towing, Inc., Spring, TX, has received approval to sell the 1,454-gross-ton tank barge COASTAL 2007-L to Overseas Bureau Shipping, a Panamanian corporation, and transfer said Vessel to Panamanian registry and flag. The vessel was built in 1977 in Nashville, TN. · C. S. Liftboats, Inc., Erath, LA has received approval to sell the 2,518-gross-ton Jack-Up Drilling Rig M/V TRIDENT CRUSADER to National Drilling Company, a United Arab Emirates corporation, and transfer said Vessel to United Arab Emirates registry and flag. The vessel was built in 1999 in Pascagoula, MS.

The Maritime Administration (MARAD) has approved four applications under Section 9 of the Shipping Act, 1916, as amended. Ø U.S. Bank National Association, Owner Trustee, Hartford, CT, has received approval to transfer the 57,075-gross-ton container vessel SEA-LAND INTEGRITY to Marshall Islands registry and flag without change in the ownership of said Vessel. The vessel was built in 1984 in Koje, Korea. Ø Penn Maritime, Inc., Stamford, CT, has received approval to sell the 1,542-gross-ton tank barge CHESAPEAKE to Maingral Investment, S.A., a British Virgin Island corporation, and transfer said Vessel to St. Kitts and Nevis registry and flag. The vessel was built in 1964 in Baltimore, MD.

The Maritime Administration (MarAd) has approved three vessels sale and transfer under section 9 of the Shipping Act, of 1916, as amended. MarAd has given approval to Industrial Resources, Inc., of Clear Lake, Washington to sale the fishing vessel MOMMA, to Front Street Management LLC of Vancouver, Washington and transfer of said Vessel to Panamanian registry and flag. The fishing vessel was built in 1945. MarAd has given approval to Maersk Lines, Limited, of Norfolk, Va., to sell the container RoRo’s MAERSK ALASKA and MAERSK ARIZONA, to Ignazio Messina and C.S.P.A. of Genoa, Italy and transfer of said Vessels to Italian registry and flag. Both container ships were built in 1976.

The Maritime Administration (MARAD) has approved three applications under Section 9 of the Shipping Act, 1916, as amended. 4,295-gross-ton mobile offshore drilling unit SEASCOUT to Thule Drilling ASA, a Norwegian corporation, and transfer said Vessel to Liberia registry and flag. The vessel was built in 1974 in Baltimore, MD. Ø Moby II, Inc., Stuart, FL, has received approval to transfer the 1,314-gross-ton tanker COASTAL 204 to Panamanian registry and flag, without change in the ownership of said Vessel. The vessel was built in 1970 in Decatur, AL. Ø Port Gardner Tug & Barge, Inc., Bellevue, WA, has received approval to sell the 4,643-gross-ton freight barge DAVY CROCKETT to Real West Recycling…