Panama's Maritime Crackdown: Ensuring Flag Integrity

Panama's Maritime Authority has intensified efforts to strip its registry of non-compliant vessels amidst criticism from the U.S. for allowing sanctioned nations to use its flag. Recent evaluations show 96.5% compliance with international standards. The authority emphasizes its zero-tolerance policy against misuse and continues to add new compliant vessels.

Panama is ramping up efforts to ensure that its maritime registry adheres to international standards, following criticism from the United States about its use by sanctioned nations. The Central American nation's Maritime Authority highlighted its actions in response to accusations of allowing vessels from countries like Russia, Iran, and Venezuela to operate under its flag.

With the U.S. calling for stricter enforcement of sanctions, the Panama Maritime Authority claims a robust 96.5% compliance rate with safety and environmental regulations. Recent fleet monitoring indicates intensified efforts to remove non-compliant ships. A zero-tolerance policy is in place, shutting the doors on attempts to misuse Panama's registration.

Adding a net total of 468 vessels in 2024, Panama's registry has grown while maintaining a strong stance against misuse. The Maritime Authority pledges continued vigilance to uphold the integrity of its merchant marine fleet, crucial to global shipping channels.

(With inputs from agencies.)