Panama Maritime Authority

Super yacht “Legend” joins the Panama Register

The Legend.

The super yacht “Legend” has just joined the fleet under Panamanian flag. This is the result of new business strategies for expansion of the Ship Register to enter non-traditional markets, implemented by the Panama Maritime Authority (AMP) that has received a very positive response.

The magnificent “Legend” with IMO number 7367835, has the following dimensions: 77.40 meters long and 13.64 meters wide, of 2,290 gross registered tons (GRT). She was originally built in 1973, but […]

Bill will permit foreign ships in property registry

Cambios en el registro atraerán a más barcos de bandera extranjera.

An initiative was presented to the National Assembly by the Minister of the Presidency, Alvaro Aleman, that seeks to create legal security of property rights and the rights of creditors, by allowing foreign-flagged ships to enter the Panamanian Property Registry.

For the Director of the Public Registry of Property, Mortgages and Liens of the Panama Maritime Authority (AMP) Jose Isabel Quintero, the proposal makes possible the “special registration of land titles and liens “in cases […]

AMP wants to attract new ships

El Administrator de la AMP Barakat Pitty en APADEMAR.

“The Panamanian Maritime Administration, is running important market strategies to expand our fleet, and thanks to these efforts for the period 2016-2020, we expect about 665 new-buildings to join the Panamanian registry, which will generate valuable income for the State,” said the Administrator of the Panama Maritime Authority (AMP), Jorge Barakat Pitty.

His statements were made during the discussion group called “The present state and future prospects for the registration of ships”, which he attended […]

AMP supports IMO policies

Asamblea de IMO.

The Minister of Maritime Affairs and Administrator of the Panama Maritime Authority (AMP) Jorge Barakat Pitty, met with the Secretary General of the International Maritime Organization (IMO), Ki-tak Lim, during the 116th Session of the Council of the IMO in London, in which Panama is a member of Class A.

Minister Barakat Pitty, highlighted the efforts of the AMP, not only to support the activities of the organization, but also to maintain a comprehensive and […]

AMP implements rules on weighing loaded containers

Barcos con exceso de peso han naufragado.

An amendment to the Safety of Life at Sea Convention (SOLAS) relating to weighing export and re-export containers has caused much anxiety to those dedicated to that activity. The industrialized countries seem to be prepared, but the third world nations still do not know where to start, even though shipping lines warned their clients in advance.

However, there are many questions still to be answered, for example: who is going to pay for the weighing? […]

AUPA’s new tariff increase suspended

AUPSA suspende aumento de tarifas

By Marijulia Pujol Lloyd

The Panama Chamber of Shipping has had a dispute with the Panamanian Food Safety Authority (Autoridad Panameña de Seguridad Alimentaria – AUPSA) since March 23, 2016 after this government entity announced an increase in its tariffs.

The AUPSA inspects transshipment cargo passing through the Panama Canal. Immediately after the announcement, the auxiliary maritime companies complained and AUPSA stopped the measure pending further consultation with those affected.

AUPSA and the Chamber of […]

ITF attacks open ship registries

ITF ataca registros abiertos de barcos

By Franklin Castrellón

The International Transport Workers’ Federation (ITF) has taken the opportunity of using the “Panama Papers” to resume its attacks on open ship registries, noting that the only thing they can do to achieve some balance with the scheme of “tax evasion” is to sign agreements that guarantee certain terms and conditions of employment for ship crews.

In a statement issued on April 7 regarding disclosure of the so-called “Panama Papers,” the Secretary […]