Economy Country November 01, 2024

Panama Modernizes Electronic Ship Registry

Panama updates the regulation of the electronic registry system to improve the registration and data collection of Panamanian-flagged vessels.


Panama Modernizes Electronic Ship Registry

Panama has updated the regulation of the electronic data registration system for vessels to contribute to the modernization and efficiency in the registration and collection of information on board Panamanian-flagged ships.

The new regulation aims to facilitate and expedite electronic data registration processes, allowing vessels to comply with regulations more effectively. This update is part of the country's efforts to maintain high quality standards in its maritime fleet, which is one of the most important globally.

"With this new regulation, we seek to promote the adoption of technologies that improve data management on board ships, which will result in greater maritime safety and more efficient operations," stated a representative of the Panamanian maritime authority.

The modernization of the electronic data registration system is a key step in continuing to strengthen Panama's position as one of the leading ship registries worldwide. This initiative adds to other measures implemented to ensure competitiveness and regulatory compliance in the Panamanian shipping industry.