SHIP REGISTRATION
ADVANTAGES OF THE PANAMA SHIP REGISTRY
- Leadership in vessel registrations worldwide
- No minimum tonnage or age requirements for vessels.
- Tokyo MOU White List.
- Paris MOU White List.
- Category “A” of the IMO Council.
- Approved audit by the IMO.
- Competitive costs
- New Law No. 57 of Merchant Marine of August 6, 2008,with multiple discounts scheme.
- Preliminary registration of title / mortgage.
- Vessels under construction can obtain provisional registration.
- Major class survey societies accepted.
- All nationalities accepted
- Dual Registration Possible
- Tax advantages
SHIP REGISTRATION
The registration of a ship under the Panama flag is very simple and it is initiated with its Provisional Registration; once the provisional registration is obtained, the owner will have up to 6 months to present the documents and requirements for obtaining the Permanent Registration of the vessel
The application for the provisional registration of a ship may be submitted before a Panamanian Consul abroad or directly in the City of Panama, before the Panama Maritime Direction by the legal representative of the owners.
If the Provisional Registration is made in Panama, Our Firm can file the application for the registration. In this case, you must send us, the documents and the government fees to be paid in Panama.
INFORMATION REQUIRED OF THE VESSEL
For the Navigation and Radio Provisional License
| Name of the vessel Owner’s name and address Previous name of the vessel Previous nationality Place of build Date of build Builders Number of decks, mats and funnel Material of the hull Length, breadth and depth Tonnage: gross and net |
Kind of service given by the vessel Type and number of engines Type and number of cylinders Brand and name of manufacturers Speed of the vessel Horse powers Name of the classification Society Authority in charge of the radio accounts Information about the radio and equipment Areas of navigation Type of call letters |
The Provisional Registration may be obtained in 2 days after the application. It will be necessary to provide complete information about the vessel and to pay the government taxes. Once the Provisional Registration is obtained, there is a term of 6 months to present all the original documents in order to obtain the Permanent Registration.
PERMANENT REGISTRATION
The following list of documents shall be presented in a term of 6 months after the issuance of the provisional registration.
- Proof of ownership (Bill of Sale or Building Certificate)
- Power of attorney on behalf of Firm for registering the vessel (we will provide draft)
- Technical certificates
- Deletion certificate / cancellation of previous registry (not required for new vessels)
- Tonnage Certificate, issued by an authorized classification society on behalf of the Republic of Panama
- Confirmation of the authority in charge of the radio accounts
- Radio application forms, duly filled out
- The vessels that are 20 years old require a special inspection to enter to the Panamanian Registry
- The above documents shall be authenticated by a Panamanian Consul or by Apostille.
QUOTE A VESSEL REGISTRATION
In order to obtain a detailed quotation for a vessel registrations in Panama or vessel registration in Belize and/or Cook Islands please provide information via email info@nashapanama.com or via fax (507) 314-0409. The following information must be sent regarding the ship:
- Vessel Name
- Type of vessel
- Net and gross tonnage
- Year of build
- Your contact information
- Kindly contact us for any questions or to receive a formal quotation.