Panama Vessel Registration

Panama Vessel Registration – Requirements – Fees – Search

The Panama vessel registration is done through Panamanian lawyers. We are located in Panama, so we can see the process without intermediaries.

The registration of ships in Panama has become important in recent years. The central location of Panama has led to international trade, and that is not only of recent times; that has been seen in America since 1606 when it was the exchange between Spain and Peru.

Panama connects the east with the west and America.

Currently, the registration of ships and the organization of our country regarding this issue are very well regarded internationally, are taken into account by many countries in the world, and are growing.

Today, Panama does not face the same obstacles it did in previous years because it has enacted favorable laws to keep a record type open.

In our country, there have been boats carrying both Panamanians and foreigners. The important thing is to stick with the established requirements.

And that many years with the ship registration in Panama are over 70 years and have gained reputation and confidence due to its good performance are well known all over the world.

About Requirements

In order to have the provisional patent of navigation for boats no larger than 5000 net tons, it is necessary to:

  • Name of the owner of the ship
  • previous records, if any
  • In which country and when was it built?
  • What company built the ship?
  • Set the number of decks.
  • Set the number of chimneys.
  • Set the number of bridges and masts.
  • Indicate the type of ship.
  • What is the hull made of?
  • Net and gross tonnage
  • What type of business has the ship
  • How many machines are there, what type are they, and who built them?
  • type and number of cylinders
  • Speed
  • Horsepower
  • Who is responsible for radio accounts?
  • Classification society
  • Spot, sleeve, and length
  • Calibration certificate

You need to attach the following documents for the registration of a ship:

  • We,  as lawyers, will take care of writing the Power of Attorney.
  • The title of ownership of the vessel, information on who built it, and all related documentation, if there have been sales,
  • certification that has been canceled for the previous record, if applicable.
  • International Tonnage Certificate, but this does not include new ships.
  • If it looks like tankers must show certification of liability
    Also, any mortgage on the ship can be registered.

Different record types

The department provides registration for three different types of entries:

A navigation officer license is issued to vessels registered in Panama.

licensed under the terms of a contract of assignment.

A special register would be established for Panama yacht registration.

Concerning Charter Contracts

Panama is accepted in the registration of contracts of affreightment as long as the ship is chartered for 2 years and the crew does not lose their nationality, and vice versa from our country to others. This is noted in a special register.

Register of Mortgages

This type of mortgage is very important and is used as credit in international banks; it is held in the Panamanian Public Registry and handled by Panamanian lawyers. 

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