Maritime Ministry proposed for Panama

The president of the Panama Maritime Chamber (CMP), Ruben Karamañites proposes that a Maritime Ministry be established.

Tuesday, August 5, 2008

In order for the maritime sector, which represents 20% of the GDP of Panama, to have representation on the Cabinet Council, the creation of a Maritime Ministry is being proposed.
The CMP is comprised of more than 130 members including ports, shipping, railroad, and environmental agencies, auxiliary maritime industries, insurance adjusters, maritime lawyers, to name a few.

More on this topic

Panama: International School of Maritime Arbitration

May 2014

The growth projected in the maritime industry is encouraging the creation of an entity focused on reconciliation and conflict resolution between shipping companies and businesses.

Promoting commercial arbitration as a method of conflict resolution and seeking to consolidate Panama as a competitive regional logistics center, the Maritime Chamber of Panama in the country is looking to establish an International School of Maritime Arbitration.

Panama: Changes to Law on Auxiliary Maritime Services

June 2013

Amendments have been presented to the draft Law which states that 75% of the shares of companies in maritime services should belong to people of Panamanian nationality.

The legislator Yassir Purcait, will present changes in the first six articles of the draft which was taken up last week by the Committee on Trade and Economic Affairs of the Congress.

Panama: Maritime Auxiliary Services for National Companies

May 2013

A draft law states that 75% of the shareholders of companies engaged in maritime services should be of Panamanian nationality.

Modification of Decree Law 8 of February 26, 1998 has not yet been agreed with the various sectors, but it is assumed it will be discussed in the next few days in Congress.

Panama's Maritime Industry Trade Mission

October 2011

Peru's booming economy is offering opportunities that 10 companies led by Panama Canal Authority are keen to take advantage of.

On 27th and 28th October 10 Panamanian companies will promote their shipping services to Peruvian companies.

Among the meetings that will take place, the most eagerly anticipated is that with the Association of Port Operators in Peru, which will bring together union representatives from the sector.

 close (x)

Receive more news about Commerce

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


International Merchant Marine of Belize

The International Merchant Marine Registry of Belize (IMMARBE) is under the Ministry of Finance, with its Head Office located in Belize City. The Registration of Merchant Ships Act, 1989 as amended in 1996 governs the merchant fleet.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (+501) 223 50 26

Company Profile

Stock Indexes

(Nov 22)
Dow Jones
-0.27%
S&P 500
-0.08%
Nasdaq
0.07%

Commodities

(Nov 24)
Brent Crude Oil
63.47
Coffee "C"
127.55
Gold
1,288
Silver
17.01