Panama's strategic location at one of the major crossroads of the world's shipping lanes, the expanding maritime services industry, and the Panamanian Merchant Marine, today the largest in the world, are just some of the factors, which have contributed to significantly increasing the importance of Panama’s maritime jurisdiction.

 

There are two maritime courts in the Republic of Panama with exclusive jurisdiction over maritime claims, including those involving accidents while transiting the Panama Canal, which since the year 2000, are no longer subject to U.S. jurisdiction.

The Panamanian ship registration laws offer very flexible terms and affordable costs for maritime vessels registered in the Republic of Panama. One of the primary advantages for registering pleasure yachts, is that there is a flat registration fee, regardless of the size or tonnage of the marine vessel..

 

If you need more information our staff will provide you with the information you need quickly, efficiently, and professionally. Simply contact our professional bilingual staff of lawyers and provide us with your needs.


Within our range of services , we provide solutions in every aspect of the maritime industry focused to make your life easier.


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The absence of nationality restrictions concerning the ownership of a vessel registered under the Panamanian flag. In effect, the owner of a vessel may be an individual or corporation, either Panamanian or foreign, residing or doing business in Panama or elsewhere. There are no minimum tonnage requirements in respect of a vessel (Application of MARPOL).