Panama Ship Registry Grows by 3.2 Million GT

June 9, 2021

© Mariusz / Adobe Stock
© Mariusz / Adobe Stock

The world's largest ship registry continues to grow despite the COVID-19 pandemic. 

During the first four months of this year, 104 newly built vessels were registered to the Panama Ship Registry, representing 3.2 million GT.

At end of April 2021, the Panama Ship Registry fleet aggregated 8,652 ships with 236.5M GT, according to IHS Markit, an increase of 1.6% in the number of ships and 2.58% in tonnage compared to December 2020.

The fleet’s performance reached 96.6% compliance at the end of the first period of 2021, according to the results of the Port State inspections in the different supervision regimes established around the world.

The Port State inspections to ships arriving in Panama amounted to 218 inspections in the first four months of 2021, significantly exceeding those carried out in recent years.

Logistics News

US Import Costs Rise in April, Fuel Sees Biggest Gain in Four Years

US Import Costs Rise in April, Fuel Sees Biggest Gain in Four Years

NexusWave Implemented on IEA Fishing Vessels

NexusWave Implemented on IEA Fishing Vessels

Baltic Index Rises Alongside All Vessel Segments

Baltic Index Rises Alongside All Vessel Segments

Awake.Al, Tidalis Collaborate for Maritime Emissions Reporting

Awake.Al, Tidalis Collaborate for Maritime Emissions Reporting

Subscribe for Maritime Logistics Professional E‑News

India's Redington uses air freight to meet Mideast demand even when the supply is low
Philippines warns about serious power cuts due to heat and outages
Investors focus on Trump-Xi Meeting to boost Gulf markets