Panama to Pull More Flags from Vessels Violating Sanctions

By Marianna Parraga and Elida Moreno PANAMA CITY, July 12 (Reuters) - Panama will withdraw its flag from more vessels that violate sanctions and international legislation, the country's maritime authority told Reuters, following the removal of about 60 ships linked to Iran and Syria from the Panamanian registry in recent months. After the re-imposition of sanctions on … [Read more...]

Panama, China Set Date to Start Free Trade Negotiations

PANAMA CITY, Dec 7 (Reuters) - Panama and China will begin negotiations in June 2018 to sign a free-trade deal, the two countries' trade ministers said on Thursday, consolidating a relationship that has strengthened after the Central American nation ditched ties with Taiwan. Panama's June decision to end diplomatic links with Taiwan was a major victory for Beijing, as it … [Read more...]

Shell Gets Access to Key Oil Hub in Panama -Sources

By Elida Moreno and Marianna Parraga PANAMA CITY/SAN ANTONIO, March 22 (Reuters) - Royal Dutch Shell agreed to lease capacity at a large oil terminal in Panama that has been used by U.S. refiner Tesoro Corp , sources involved in the deal told Reuters, gaining much-needed storage for its crude operations. The facility, designed for storage and transshipment of oil, is … [Read more...]

Panama Orders Release of North Korean Crew

PANAMA CITY, June 27 (Reuters) - A Panamanian court on Friday ordered the release of three North Korean ship officers who were jailed after they were caught smuggling Cuban weapons through the Central American country. The court absolved the captain and two officers, ruling that charges against them fell outside of Panama's jurisdiction, the country's judicial authority said … [Read more...]

Panama To Send Detained North Korean Crew, Ship Home

By Lomi L. Kriel PANAMA CITY, Oct 17 (Reuters) - The North Korean crew and ship detained in Panama for smuggling Cuban weapons three months ago will soon be returned to the reclusive Asian nation, Panama's foreign minister said Thursday. The crew's return would mark the end of a bizarre chapter between the three countries that provoked international controversy after the … [Read more...]