Panama Maritime Authority, the world’s largest open registry since 1993 with about 10,000 ships including more than 6,000 over 100gt. Maintain their leadership in the registration of ships for nearly a century.
The ship register generated around US$300 million in related services representing an important contribution to the Panamanian economy, due to the facilities briefly mentioned:
The procedure for registration permits all types of ships whether they are of cargo, passengers or dredges, barges or any other type.
The owners of the ship do not have to be a national of Panama
There are no minimum tonnage requirements for the registration
Ship owners are allowed to hire crews of any nationality
An application for the registration of a ship is by an attorney through the 65 Panamanian consulates around the world, or at the PMAs Merchant Marine offices in Panama.
Panama offer quality mortgages, which are accepted by all international banks
Incentives by law 25, representing cuts registration fee to attract new buildings, special discounts to large group of vessels.
Most of the Panamanian maritime law firms with representation around the world
Panama has been working closely with the IMO to ensure that safety and security issues are fully implemented, giving the register a worldwide reputation of excellence.
All major Class Societies and members of IACS are authorised by Panama to survey Panamanian ships in order to assure regulations, and complain with international agreements and regulations.
AMP is implementing safety and security issues, increasing a worldwide reputation of excellence.
We welcome you to join the largest ships registry: PANAMA
SANTIAGO TORRIJOS ORO
Consul General de Panamá
Islas Canarias, España
