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Focus on Panama

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.

Michele Labrut, Americas Correspondent

September 9, 2021

1 Min Read
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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.

 

About the Author

Michele Labrut

Americas Correspondent

Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America.

Michèle first came to Panama as a press attaché to the French Embassy and then returned to the isthmus as a foreign correspondent in the 1980s.

Author of Seatrade Maritime's annual Panama Maritime Review magazine and of several books, Michèle also wrote for Time magazine, The Miami Herald, NBC News and the Economist Intelligence Unit. She has also collaborated in making several documentaries for the BBC and European and U.S. television networks.

Michèle's profession necessitates a profound knowledge of the country, but her acumen is not from necessity alone, but a genuine passion for Panama.

In 2012 she was awarded the Order of Merit (Knight grade) by the French Government for her services to international journalism and in 2021 the upgrade to Chevalier grade.

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