Panama Maritime Authority Eyes More Ships
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.
“In coordination with the Board of the Institution and the National Government, we have proceeded to make the legal and regulatory changes and to make improvements to ensure the quality of our work," he pointed out.
As part of the modernization and systematization management, the Merchant Marine Department began operating an online platform to streamline the application process and issue some technical certificates, Jorge added.