• 1 Flag Registation
    As a core activity, ship registration receives prime attention of our dedicated team of professionals, to ensure the ship owners/managers have the most beneficial flag for their ships based on their training pattern...
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  • 1 Classifaction
    Marine Surveys & Classification Surveys entails heavy responsibility towards governments and shipping community. The end users rely on surveyors for sound judgement to arrive at an opinion about a ship and its equipment...
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  • 1 Marine insurance
    Having business under the flag of another country can be full of risks. Marine Insurance has come a long way now. Since there are several flags of Convenience with a huge fleet of vessels that come under its maritime jurisdiction, marine insurance is an important service...
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  • 1 Marine Communaction
    This could become a clarion call for ship owners who change the flags for accountability at sea.Every ship needs to be identified for safety purpose. It is one of the main ways of communicating to the port authorities and other vessels on international waters...
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  • 1 Yacht Services
    Since its inception in 2009, IMB has earned the respect of the Turkish and foreign boat industry for its reliability, integrity and quality of service. Our mission is to provide our clients with independent, confidential and unbiased expert services...
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  • 1 Pre-Purchase Survey
    Pre Purchase is a comprehensive inspection when purchasing a new or used vessel. It is a complete inspection of the vessel to ascertain it's condition as to overall operational capability...
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Panama ASI

Annual Safety Inspections on behalf of Panama Flag Administration (ASI)

According to Office of the Directorate of Merchant Marine Circular No. 20;

* Each vessel sailing under the Panamanian flag in foreign service and dedicated to the international commerce and other commercial activities shall be subject to an annual safety inspection, in order to determine whether it complies with the National and International Laws and Regulations currently in force. In addition, said vessels shall be subject to special inspections whenever circumstances merit this, in order to attain the aforementioned aims.

* The owner(s)/operator(s), charterers and others responsible for the operation of one or more vessels sailing under the Panamanian flag, as well as their agents or representatives, and the Master of such vessels shall be under obligation to admit the Inspection personnel on board, cooperate with them and allow them to fully carry out the inspection.

* The owner or Master of a vessel who refuses the Inspection Service to whichLaw No.39 of July 8, 1976 refers, or who fails to submit the form on which the Inspection is recorded shall be subject to penalty of up to ten thousand dollars ($10,000.00). In the event of reoccurrence, in addition to the penalty, there may be an immediate cancellation of the Panamanian Registry of the vessel without affecting the compliance with the obligations as set forth by the Laws of the National Merchant Marine.