Panama to Exclude Singapore-based LNG Shipping Companies from its Ship Registry
On November 6, the Panama Maritime Authority (AMP) informed Estrella Online that it will be removing four Singapore-based shipping companies, namely LNG Alpha Shipping, LNG Beta Shipping, LNG Delta Shipping, and LNG Gamma Shipping, from its ship registry.
The decision to exclude these companies from the Panamanian registry was made due to their failure to comply with the country’s maritime regulations. The AMP stated that the companies had repeatedly violated the rules and regulations set by the International Maritime Organization (IMO) and the International Convention for the Safety of Life at Sea (SOLAS).
The AMP also mentioned that these companies had been given multiple warnings and opportunities to rectify their non-compliance issues, but they failed to do so. As a result, the AMP had no choice but to remove them from its registry.
This move by the AMP is a significant step towards ensuring the safety and security of the shipping industry in Panama. The country takes its role as a flag state seriously and has strict regulations in place to ensure the safety of its vessels and the protection of the marine environment.
The decision to exclude these companies from the registry is also a clear message to other shipping companies that the AMP will not tolerate any violations of its regulations. The AMP is committed to upholding the highest standards of safety and security in the shipping industry and will take necessary actions against those who fail to comply.
The AMP’s decision has been welcomed by the shipping community in Panama and has received support from other flag states as well. This move is seen as a positive step towards maintaining the integrity of the Panamanian registry and upholding the country’s reputation as a responsible flag state.
The removal of these companies from the registry will not only improve the overall safety and security of the shipping industry in Panama but also have a positive impact on the global shipping industry. It sends a strong message to other flag states and shipping companies that non-compliance with international regulations will not be tolerated.
The four Singapore-based companies have been given a grace period of 30 days to transfer their vessels to another registry. This will ensure that there is no disruption in their operations and that the vessels continue to operate under a responsible flag state.
The AMP has also assured that it will work closely with the affected companies to ensure a smooth transition and provide them with any necessary assistance during this process. The companies have been advised to comply with all the necessary regulations and guidelines of the new flag state to avoid any future issues.
The exclusion of these companies from the Panamanian registry is a reminder to all shipping companies that compliance with international regulations is not an option but a responsibility. The safety of the crew, vessels, and the environment must always be a top priority.
In conclusion, the Panama Maritime Authority’s decision to exclude four Singapore-based LNG shipping companies from its registry is a significant step towards maintaining the safety and security of the shipping industry. It also sends a strong message to other flag states and shipping companies that non-compliance with international regulations will not be tolerated. The AMP’s commitment to upholding the highest standards of safety and security in the shipping industry is commendable and will have a positive impact on the global shipping industry.
