The latest news and developments from Panama, one of the world’s most important shipping nations.
Bulk carriers lead Panama-flag vessel registration
This year, for the period January-August, most of the vessels that entered the Panamanian Registry were bulk carriers.
Panama-flagged bulk carriers represent 22% of the world´s bulk carrier fleet, with 2,725 vessels and 112.1m gt, according to the Clarksons Research.
Between January and August 2021, Panama has incorporated 218 newly-built ships to its fleet, contributing 6.6m gt, of which 61 vessels are from the bulk carrier segment.
Panama, as a flag state, has registered the 24 largest containerships in the world, in relation to their cargo capacity, totaling 5.5m gt and having less than two years of construction.
In the cruise ship segment, the Panama Ship Registry is among the three flags most chosen by shipowners. The Panama fleet includes 42 cruise vessels representing 3.4m get.
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