The Panama Maritime Authority (AMP), through the Directorate General of Merchant Marine (DGMM), held a discussion with the International Association of Recognized Organizations (IARO) to review, update, and align the regulations of the Panama Ship Registry with the demands of the global market.
The meeting, which brought together representatives from the AMP and the main classification societies that are members of the IARO, marks a decisive step in the modernization of the Panamanian flag regime.
"We must view the Panamanian Registry as a single team. This isn't just the task of the AMP ; maritime lawyers and Recognized Organizations must also promote projects and new measures that strengthen competitiveness," emphasized Ramón Franco, Director General of the Merchant Marine.
For his part, Santiago Torrijos Oro, president of the IARO, emphasized that cooperation with the AMP will strengthen the Panamanian flag on the international stage. "These measures may seem drastic, but they are necessary to remain one of the most prestigious flags in the world," he stated.
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The dialogue focused on key challenges facing the sector, such as maritime security, environmental protection, and the need for a modern and transparent regulatory framework. These actions seek to ensure that Panama maintains its global leadership, adapting to the dynamics imposed by the International Maritime Organization (IMO) and the growing challenges of international trade.
The IARO brings together classification societies recognized by the AMP to inspect and certify vessels, and their participation in this process is essential to ensuring the continuous improvement of the Panamanian flag.
With this joint effort, Panama reaffirms its role as a global leader in the merchant marine industry and strengthens the confidence of international shipowners in its flag.
