Panama’s ship registry has achieved a 96.5% compliance rate with international maritime safety and environmental protection standards, while simultaneously strengthening its position against sanctions evasion through new regulatory measures. With…
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Panama Cancels Ship Registrations After UK’s Shadow Fleet Crackdown
The Panama Maritime Authority (PMA) has launched expedited cancellation procedures for six Panamanian-flagged vessels recently targeted by UK sanctions. The action follows the ships’ addition to the United Kingdom’s Consolidated…
https://gcaptain.com/panama-cancels-ship-registrations-after-uks-shadow-fleet-crackdown/
Panama Pulls Flag on Sanctioned LNG Carriers in Crackdown on Russia’s Shadow Fleet
In response to recent U.S. sanctions, the Panama Maritime Authority (PMA) has initiated the process to deregister four LNG carriers linked to Russian gas producer Novatek. This move targets the…
Fed Up: The World’s Largest Ship Registry is Giving Sanctioned Vessels the Boot
The Panama Maritime Authority (PMA) is taking a decisive move to safeguard the integrity of the world’s largest ship registry, introducing strict legal measures aimed at vessels appearing on international…
https://gcaptain.com/fed-up-the-worlds-largest-ship-registry-is-giving-sanctioned-vessels-the-boot/
Panama Maritime Authority Tightens Ship Registry Rules to Combat Sanctions Evasion
The Panama Maritime Authority (PMA) has announced stringent measures to maintain the integrity of its ship registry in response to recent sanctions imposed on seven Panamanian-flagged vessels by the U.S….
Panama-Flagged Ships Face Fine for Tampering with Tracking Systems
By Elida Moreno PANAMA CITY, May 31 (Reuters) – 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...
Panama to Pull More Flags from Vessels Violating Sanctions
By Marianna Parraga and Elida Moreno PANAMA CITY, July 12 (Reuters) – Panama will withdraw its flag from more vessels that violate sanctions and international legislation, the country’s maritime authority told Reuters, following the removal of about 60 ships linked to Iran and Syria from the...