Latest posts
-
Panama Defends Cancelling Flag of Over 650 Ships
The Panamanian government has responded to criticism regarding its flag registry’s alleged inaction against vessels involved in transporting Iranian oil, emphasizing its efforts to deregister non-compliant ships. As the world’s largest ship registry, with around 8,500 vessels, Panama has faced scrutiny over “shadow tankers” operating under its flag to facilitate Iranian oil trade in violation
-
$8.5 Million in Unpaid Seafarer Wages Recovered in 2024
The Panama Maritime Authority (PMA) recovered $8.5 million in unpaid wages for seafarers in 2024, which is a 52.7% increase from the $5.59 million reclaimed the previous year. This highlights the persistent issue of wage theft in the shipping industry. The figures were disclosed during a meeting between the PMA’s General Directorate of Seafarers (DGGM)