FOREIGN SHIP REGISTRY UNDER BAREBOAT CHARTERING IN PANAMA

REQUIREMENTS:

The ships registered in a foreign registry and object of a bareboat chartering contract might be registered in the Merchant Marine, without giving up such foreign registry, so long as the legislation of the registry country allows it.

1. A copy of the bareboat chartering contract.

2. Shipowner´s consent and mortgagee’s consent (if there were any), duly authenticated.

3. Property and encumbrance’s certificate issued by the offshore ship registry.

4. Consent certificate of the country of the ship’s registry to its registration in the special chartering registry in Panama.

5. Letter of appointment of resident agent granted by the shipowner, it should be duly authenticated.

6. Any other additional document required by the General Directorate of Merchant Marine.