The Panama Maritime Authority (PMA) recognizes Indian seafarers’ competence certificates without restrictions, praising their expertise. To prevent fraud, the PMA enforces strict evaluation standards aligned with STCW’78. Committed to enhancing global maritime cooperation, the PMA emphasizes safe transport and the well-being of seafarers as essential workers in the industry.
The Panama Maritime Authority (AMP) recently met with the International Transport Workers’ Federation (ITF) to bolster protections for maritime workers. A key focus was recovering $8.5 million in unpaid wages by 2024, significantly up from $5.6 million last year, showcasing AMP’s commitment to enhancing seafarer welfare and compliance.
The Panama Maritime Authority (PMA) is cracking down on vessels and owners on international sanctions lists. Since Executive Decree No. 512, 125 vessels have been reviewed, with 107 cancellations and 18 cases pending. Panama also has laws for deregistering vessels involved in criminal activities, illegal fishing, and terrorism financing, showing a commitment to responsible ship registry management.
The Panama Maritime Authority has deregistered 107 vessels flagged for compliance concerns or on sanctions lists. An additional 18 vessels are undergoing the process. Stricter pre-registration analysis now includes owner and operator background checks. Risk matrices and technology upgrades help identify illicit activities. Panama is dedicated to transparency and security, upholding international standards.
Panama’s maritime industry has excelled in meeting international safety and environmental standards, boasting a remarkable 96.5% compliance rate. The Panama Maritime Authority closely monitors the fleet, ensuring adherence to strict criteria set by global frameworks. With a growing registry and emphasis on quality, Panama remains a top choice for ship registration worldwide.
