Patton, Moreno & Asvat contributes to the International Shipping Finance & Law Review 2025/26

We are pleased to announce that our Partner, Nadya Price, has authored the Panama chapter of the International Shipping Finance & Law Review 2025/26, published by Beaumont Capital Markets.

In this edition, Nadya provides a detailed analysis of the 2023–2025 reforms shaping Panama’s maritime and ship-finance framework, including:

• the introduction of the Panama Flag Pre-Check as a mandatory pre-registration eligibility review;

• Panama’s ratification of the Beijing Convention on the Judicial Sale of Ships;

• stricter technical standards and 15-year age limits for oil tankers and bulk carriers;

• robust enforcement on sanctions and shadow-fleet activity, with 247 vessels de-registered in 2024;

• the launch of the Electronic Vessel Registry (REN) for digital registration of titles, mortgages and liens;

• enhanced No-Objection Letter requirements for fishing vessels;

• and the integration of IMO D-2 ballast water compliance into registry practice.

Her chapter also assesses the implications of these measures for shipowners, lenders and insurers, and how they reinforce Panama’s position as the world’s largest, compliance-focused ship registry.

With extensive experience in ship finance, vessel registration and cross-border maritime transactions, our Partner, Nadya Price, offers a practical and forward-looking perspective on Panama’s maritime landscape.

You can find the chapter in the International Shipping Finance & Law Review 2025/26, published by Beaumont Capital Markets. - Clic here