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Panama Ship Registry extends payment of fees for Greek shipowners

Panama Ship Registry extends payment of fees for Greek shipowners
With Greek shipowners facing the closure of the countries banks until 7 July as the country's debt problems reach crisis point Panama has extended the payment peirod for its shipowners.

The Panama Maritime Authority (AMP) through the Directorate General of Merchant Marine, not being alien to the present Greek economic situation and willing to support “all our operators, owners, landlords, Greek economic groups with Panama-flagged vessels that have to pay taxes and fees [which are next to expire] at the Panama Consulate of Piraeus, Greece, has decided to extend the payment thereof without surcharges and interest until next 31 August 2015”, the AMP said in a statement.