Panama maintains positive records in compliance with international standards on ship inspections and arrests, after its Merchant Marine was included in the white list of the Paris Memorandum of Understanding (Paris MOU), released by the agency in its report annual.

The qualification of the list (white, gray and black) is based on a complete analysis of the flags of quality or with lower performance based on the results of the inspections. This measurement included the 2017-2019 inspections and arrests of flags with at least 30 inspections in that period.

According to the report, Panama's ships - whose achievement rises to 10 consecutive years - were inspected by the Port State, and authorities in foreign ports to verify and verify that they comply with international standards established by the industry.

Data from the last annual report of the United States Coast Guard indicate that Panama, with 1,450 inspections, remains below the arrest rate for the second consecutive year, with 1.10%, the best average of the first three records in the world.

At the end of the first semester of 2020, the Panamanian fleet has a compliance percentage of 97%.

Earlier this year, the 2019 Tokyo MOU Annual Report also confirmed that Panama remains on the white list of this memorandum of understanding.

In addition, in the first six months of 2020 and despite the Covid-19 pandemic, Panama has led 469 new ships with 13.6 million tons of registration (a growth of 0.7% million tons). At the end of 2019, the country closed its fleet with 8,289 ships, the largest in the world.