ARODI NEWSLETTER

 Merchant Marine Circular No. 260

Please find attached copy of Merchant Marine Circular No. 260 recently issued by Panama Maritime Authority (PMA).

With the aim of continue its policy of providing benefits for users of Panamanian flag and aware of the global economic situation, the Administration announces that the Bunker Convention Certificate will have a cost of US$150.00 each vessel, for those economic groups or shipowners that have registered more than 100 vessels under Panamanian flag.   To obtain this benefit, the economic group or shipowner must render a sworn declaration with the names and IMO numbers of the vessels part of the group. 

The Bunker Convention Certificate for the rest of the vessels that are not within this situation will maintain its regular cost of US$250.00 each vessel. 

In case you need further assistance regarding this matter, please contact us to arodilaw@arodi.com