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

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 ...

The U.S., EU and UK are pressuring Liberia, the Marshall Islands and Panama to increase oversight of ships carrying their flags to ensure they do not transport Russian oil sold above the price cap ...

For the first time in 30 years Panama is no longer the world’s largest ship registry. Rival Liberia has overhauled the Central American nation in terms of gross tonnage in new data issued by ...

1. Global Leaders in Flag Registries. The global dominance of open registries is shaped by a few key players—Panama, Liberia, and the Marshall Islands, whose collective control of nearly half of ...

Panama in 2019 signed an agreement with other flag countries including Liberia and Marshall Islands to exchange information about vessels whose registrations were canceled or rejected due to ...

PANAMA CITY - 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 ...

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 ...

01/17/2025 January 17, 2025. Two ships sailing under the flag of Panama ran into problems off the coast of Germany recently. For over a century now, shipowners wanting to circumvent certain ...