Some 765 thousand international cargo ships that will come into operation by 2010 have applied for a Panamanian flag.
In the competition that several nations have for ship registry, Panama continues to exert its leadership, particularly in the important area of new vessels, followed by Singapore where 852 new ships have requested registry.
Alfonso Castillero, director general of Shipping, informed Prensa.com: "Singapore is the closest competitor to Panama with 852 new units, followed by Marshall Islands with 621 units, Cyprus with 458, Germany with 423 and Holland with 370. New ship registry is very important for the countries competing in this market. "
Port San Antonio is a master-planned, 1,900 acre aerospace, industrial complex and international logistics platform, centrally located in San Antonio, Texas.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (1) 866-535-5987