Panama Live

Panama Steps Up in Maritime Regulation 🚢

In a move to strengthen its maritime industry’s reputation, Panama’s new decree enforces stricter registration standards by revoking licenses for ships sanctioned internationally. John Feeley, former U.S. ambassador to Panama, commended this as a step toward a more secure and transparent business environment. This action aligns Panama with global efforts to reduce oil smuggling, enhancing the nation’s standing as a trustworthy hub in international shipping. Panama remains the world’s largest ship registry, drawing businesses with its favorable policies while protecting its prestige as a major player in global trade.

www.tgoop.com/panamaofficialnews/7

450 viewsOct 30 at 19:30

Panama Steps Up in Maritime Regulation 🚢

In a move to strengthen its maritime industry’s reputation, Panama’s new decree enforces stricter registration standards by revoking licenses for ships sanctioned internationally. John Feeley, former U.S. ambassador to Panama, commended this as a step toward a more secure and transparent business environment. This action aligns Panama with global efforts to reduce oil smuggling, enhancing the nation’s standing as a trustworthy hub in international shipping. Panama remains the world’s largest ship registry, drawing businesses with its favorable policies while protecting its prestige as a major player in global trade.

BY Panama Live