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Tuesday, June 25, 2024

Panama News

08 Aug 2023

Association of Panamanian Shipowners Joins ICS

© Zerophoto / Adobe Stock

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…

12 May 2023

Panama Updates its General Merchant Marine Law

Image Courtesy Panama Maritime Authority

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…

01 Jun 2020

Panama to Fine Ships up to $10,000 if They Tamper with Transponders

Illustration; Panama flag raised on the mast of a merchant vessel - Image by Alexander - AdobeStock

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…