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Acceleration of Maritime Procedures in PanamaThursday, September 21, 2017 The new maritime single window promises to speed up the transhipment process, improve port exit times and reduce the use of paper through a digital system. From a statement issued by the Panama Canal Authority: Panama: New Rules for Maritime TrafficThursday, October 2, 2014 The new traffic separation system which comes into effect on December 1 establishes four instruments in the passage of the canal and coastal protection zones for environmentally sensitive sites. The Traffic Separation System (TSS) devices consist of three which will be placed in the Pacific, one in the Atlantic and one at the entrance of the canal, and will allow for organisation of vessel traffic in congestion areas as well as providing protection for humpback whales . Panama: Improvements to Merchant Marine ServicesFriday, June 27, 2014 A proposal has been made for issues related to merchant shipping abroad to be treated by an entity supported by the Maritime Authority and not by traditional consulates. Separating the management of affairs of the merchant marine services from those provided by traditional consulates is the proposal submitted to the Panamanian Maritime Law Association (APADEMAR). The lawyer who drafted the proposal believes that "... currently, the consuls of traditional Foreign Ministry services have been commissioned to run the business of registering flags. But the results have not been the best because it is not a political service. " Panama: Maritime Licenses SuspendedMonday, October 5, 2015 The maritime union is opposed to the decision of the Maritime Port Authority to suspend the licensing for service provisioning and transport of fuel. The only companies exempt from the measure are those with an existing direct contract with any oil company, according to the letter sent by Gerardo Varela, General Director of Ports and Auxiliary Maritime Industries at the AMP, to the Maritime Chamber of Panama, shipping companies and users of the entity. Panama Maritime Conference & Exhibition XIMonday, January 28, 2013 The eleventh edition of the Panama Maritime World Conference & Exhibition, will be held from 27 February to 1 March 2013. The Maritime Law Association of Panama and the Panama Maritime Chamber have announced the celebration of the XI Panama Maritime Conference & Exhibition from February 27 to March 1 of the current year in the Megapolis Convention Center in Panama City. Maritime Industry: Opposition to Wage ChangesWednesday, April 14, 2021 After Panama's National Assembly approved a legislative bill that sets the minimum wage for workers in the maritime industry at $4.15 per hour, local businessmen have expressed their disagreement. The document approved in third debate, establishes in its articles that workers of concessionary companies, contractors and subcontractors of ports and maritime transport terminals will earn a minimum wage of $4.15 per hour throughout the national territory, informed the National Assembly on April 12, 2021. New Rules Governing Maritime LaborTuesday, August 20, 2013 Panama is the only Central American country that has ratified the Maritime Labour Convention of the ILO, which takes effect on August 20, 2013. A statement from the International Labour Organization (ILO): Panama: Changes to Law on Auxiliary Maritime ServicesMonday, June 10, 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. "The content of the legislative initiative has been rejected by most of the maritime business community because it restricts the participation of foreign investment in maritime auxiliary services", reported Prensa.com. Panama: Audit of Flag Certifications for ShipsThursday, December 18, 2014 From January 2015 companies that inspect and certify foreign ships under the Panamanian flag must be audited by the Maritime Authority so that the quality of services provided can be assessed. From the resolution given by the Board of the Maritime Authority of Panama: Panama: Maritime Auxiliary Services for National CompaniesThursday, May 30, 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. "The proposal aims to establish that 75% of the shares of public companies who register a boat to provide ancillary services to the maritime industry are in the hands of Panamanians", reported Prensa.com. Panama: Law on Maritime Trade ApprovedThursday, October 2, 2014 New legislation passed by the National Assembly introduces new rules on the registration for Merchant Marine ships. From a statement issued by the National Assembly of Panama: Incentives for Vessel Registration in PanamaTuesday, August 26, 2014 Discounts of up to 35% on the registration fee and the annual consular fee will be granted to the ships registered under the Panamanian flag. Through a resolution published in the Official Newspaper La Gaceta, the Directorate General of Merchant Marine Services has been authorized to grant discounts, additional to those contained in the legislation, to those who register ships under the Panamanian flag. Panama Ports Company Contract ExtendedThursday, June 24, 2021 The Panama Maritime Authority extended for a 25-year term and in favor of the Panama Ports Company, the contract for the development, construction, operation, administration and management of container terminals. The Board of Directors of the Panama Maritime Authority declared itself in permanent session as of May 27, 2021, for the purpose of analyzing compliance with Contract Law No. 5 of January 16, 1997, for the development, construction, operation, administration and management of container, ro-ro, passenger, bulk cargo and general cargo terminals with their respective infrastructure, installations, facilities and physical areas in the Ports of Balboa and Cristobal, between the State and the Panama Ports Company, S.A., according to an official statement. More Challenges to Maritime Services ActTuesday, June 11, 2013 At the Office of International Trade Negotiations at the Ministry of Commerce the negative impact that it would have on the country's maritime activity has been noted. The law has been harshly criticized by the Ministry of Commerce and Industry (Mici), who also considered that the agreements violate promotion and protection of investments and trade agreements signed by Panama. Auxiliary Maritime Services Affects Agreement with EUFriday, September 20, 2013 Law 41, which limits foreign investment in companies engaged in auxiliary maritime services, could jeopardize trade relations between Panama and the EU. Prensa.com reports that "The law, passed in June of this year, states that 75% of the shares of companies engaged in auxiliary maritime services for barges and boats must be owned by Panamanians". |
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Monday, February 6, 2023 - last update: Thursday, 9:43 pm
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