The Panama flag hosts and controls the largest shipping fleet in the world

Alessandro PasutPANAMA

Panama’s strategic geographical position and the Canal have made the country a cornerstone of maritime trade between the nations. This has resulted in the development of one of the country’s strongest institutions, the Panama Maritime Authority.

Under its auspices the Panama flag hosts and controls the largest shipping fleet in the world. Panama has over 8.000 ships in its registry. From the tribunals handling shipping disputes and business worldwide, to the highly respected Maritime University, the authority has an onerous responsibility. In compliance with the United Nations Convention on the Law of the Sea it ensures that staffing, training, certification and watchkeeping of seafarers are being complied with plus adherence to international maritime treaties and conventions ratified by Panama.

To have a consultation by Alessandro Pasut on Panama economy click here.

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