Panama's new President Laurentino Cortizo has sworn in his cabinet and with it a new team for the Panama Maritime Authority (AMP) that oversees the maritime sector and the world’s largest Ship Registry.

Panama has registered an 8% increase in bunker sales volume for 2016 over the previous year, according to preliminary data from The Panama Maritime Authority (AMP).

The former administrator of the Panama Maritime Authority (AMP) Roberto Linares and several of his team, as well as the company Orion Maritime Training Centre are facing a complaint before anti-corruption prosecutors in Panama.