Panama Ship Registry Hits 96.5% Compliance Rate, Takes Hard Stance on Sanctions Evasion

Panama’s ship registry has achieved a 96.5% compliance rate with international maritime safety and environmental protection standards, while simultaneously strengthening its position against sanctions evasion through new regulatory measures.

With 8,773 vessels and 248.8 million gross registered tonnes, Panama’s ship registry ranks as the world’s largest by vessel count. The registry accounts for 15% of the world’s merchant fleet tonnage, highlighting its significant role in global shipping.

“We have maintained a policy of zero tolerance for any attempt at misuse of the Panaman…