Procedure for Ship Registration

One of the key features that place the panama Registry as an Open Ship registry or Flag of Convenience is that any natural or juridical person has the alternative of registering his vessel being a national citizen of Panama or a foreigner person or entity. Furthermore more Panama   doesn’t have any limits as to the ownerships of a vessels nationality when it comes to registering a vessel under panama flag, nor is there any type of limitation in respect to the activity the vessel may carry out as long as it is lawful and not contradicts any law in the Republic of Panama.

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