Two ships sailing under the flag of Panama ran into problems off the coast of Germany recently. For over a century now, ...

The benefits of flying the Panamanian flag. For Panama, the activity of flagging ships generates about $87.3 million annually, according to the bulletin “Bitácora” by the Panama Maritime ...

About 8,600 ships fly the Panamanian flag. By comparison, the US has around 3,400 registered vessels and China just over 3,700. Under international law, every merchant ship must be registered with ...

Panama's Maritime Authority has removed from its registry more than 650 vessels since 2019 as part of an effort to fulfill U.S. sanctions and enforce stricter rules for the ships it flags, it said on ...

PANAMA CITY (Reuters) - Panama's Maritime Authority said on Wednesday it has begun a process to cancel flag registrations on four LNG vessels sanctioned by the United States over their links with ...

Panamanian students carry a large flag along Fourth of July Avenue in Panama City, Jan. 9, 1964, after Canal Zone police fired at them with tear-gas guns.

Cutting costs with a flag of convenience. According to Alexander Proelss, a professor of International Maritime Law at the University of Hamburg, “Panama is a typical flag-of-convenience state.” He ...