The Panama Ship Registry is the largest in the world since 1993. This year, most of the vessels that entered the Panamanian registry were Bulk Carrier vessels.
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 6.6 M GT, of which 61 vessels are from the bulk carrier segment.
Despite the pandemic caused by Covid-19, the Panamanian Registry is the most favorable option for ship owners thanks to the country´s legal security, the 24/7 attention and human resources´ level of professionalism and effort.
Panama, as a flag state, has registered the 24 largest container ships in the world, in relation to their cargo capacity, totaling 5.5M GT and having less than 2 years of construction.
