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Panama Says Has No Knowledge of Iranian-owned Ships On Registry

marinesalvage by marinesalvage
April 27, 2024
in Law & Regulations
0
Panama Says Has No Knowledge of Iranian-owned Ships On Registry
© Alexander / Adobe Stock

© Alexander / Adobe Stock

Panama’s maritime authority mentioned on Monday it has no information of ships owned by Iranians being in its registry, following issues from U.S. authorities on the matter.

The United States requested Panama final week to ban Iranian vessels sanctioned by Washington from utilizing its flag, as officers regarded into the likelihood that Panamanian-flagged vessels had been used to move Iranian oil.

Panama mentioned it has not obtained formal requests to cancel registries since 2020.

The Central American nation has the most important ship registry on the planet, with greater than 8,000 vessels crusing with its flag.

It offers so-called “flags of convenience” that permit ship house owners to register their vessels in a rustic to which they don’t have any hyperlink in change for a charge and freedom from oversight.

(Reporting by Elida Moreno; Editing by Sarah Morland)

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