Panamanian-flagged tanker rescues 73 people in heroic operation

The Panamanian-flagged tanker Nestos (IMO 9417464) played a pivotal role in a search and rescue mission, coordinated with the Greek Coast Guard, to save a distressed vessel.

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Panama sets record in newbuilding ship registration

Panama has reached a historic milestone, registering 358 newly built ships to date, representing over 8.5 million Gross Tonnage (GT). This achievement reaffirms Panama’s status as the world leader in ship registration, surpassing historical averages and cementing the Panamanian registry as the preferred choice for shipowners...

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Cancellation of six vessels on UK Sanctions List

The Panama Maritime Authority (PMA) has initiated the expedited cancellation of six Panamanian-flagged vessels recently added to the United Kingdom’s Consolidated List of Financial Sanctions Targets. These actions are being carried out under the authority of Executive Decree 512, issued on October 18, 2024.

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