August 4, 2025
Panama Blocks Older Tankers and Bulk Carriers in Dark Fleet Crackdown
The Panama Maritime Authority’s announcement that it will no longer flag bulk carriers and tankers over 15 years old is set to reshape global flag registration. The world’s second-largest flag registry said the policy aims to prevent vessels from the so-called “ghost fleet” registering under the Panamanian flag. This is the second market-moving policy in...
