Panama Selects Recognized Security Organization

The Panama Maritime Authority (AMP) has selected Phoenix Management Services Group Inc, represented in Panama by Phoenix Vessels services Inc, to assess on the evaluation of ship security plans. The International Ship and Port Facility Security (ISPS) Code, approved in December 2002 by the International Maritime Organization, is an amendment to the SOLAS/74 convention and will enter force on July 1st, 2004. The AMP recently created the new Department of Maritime Security in charge of implementing the new IMO’s requirements and proper execution of the ISPS Code, to comply with Panama’s obligations as the world’s largest merchant fleet.