Sanctions Drive Panama to Drop Hundreds of Ships from World’s Largest Registry

Sanctions Drive Panama to Drop Hundreds of Ships from World’s Largest Registry

Panama’s Maritime Authority has removed more than 650 ships from its registry since 2019, responding to mounting international sanctions and the need for stricter oversight. The registry, which is one of the world’s largest with over 8,500 ships, faces pressure from the United States and other sanctioning bodies to prevent its flag from being used […]