The Panama Maritime Administration, PMA, has cancelled the registration of 73 vessels and a further 101 vessels may face the same destiny, as Panama aims to cut the number of detentions, reports Maritime Global Net quoting a PMA newsletter.
Earlier this year, the port state organisation Paris MOU published its annually revised list of flag state inspection performance. The world’s largest registry, Panama, remained on the Black List, and with a worse result than the year before, despite promises of quality enhancement. The Panama register comprises almost a quarter of the world’s merchant fleet, measured in deadweight tons.
Panama has imposed stringent requirements for ships older than 20 years, which are now required to submit to a check by an inspector from a Recognized Organization before calling at a port within the Paris MOU.
“Any vessel failing to go through such inspection could be fined or deleted from the registry; additionally [the registration of] any 20-year-old vessel detained twice in six months will automatically be cancelled”, says PMA in the newsletter.

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