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News / Business/ Singapore and Panama strengthen maritime relations with MOU agreement

Singapore and Panama strengthen maritime relations with MOU agreement

19 Sep 2019
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The Maritime and Port Authority of Singapore (MPA) and Panama Maritime Authority (AMP) on Thursday (19 September) signed a Memorandum of Understanding (MoU) to strengthen maritime relations between both countries.

The MoU was signed by Quah Ley Hoon, Chief Executive of MPA and Noriel Araúz, Minister of Maritime Affairs and Administrator of PMA.

Under the MoU, the maritime authorities of Panama and Singapore will cooperate on maritime matters including the promotion of the use and acceptance of ship’s electronic certificates to facilitate port state inspections, the exercise of port state control (PSC) inspections by both countries, as well as personnel exchange.

The development allows vessels registered with either Panama or Singapore calling at each other’s ports to benefit from faster checks and clearances.

The use of electronic certificates and cooperation on PSC reduces administrative burden of issuing, sending and keeping hard-copy certificates on board, facilitates regulatory oversight and enforcement action by the authorities and expedites port clearances.

“The Singapore and Panama ship registries are among the largest in the world,” said Dr Lam Pin Min, Senior Minister of State for Transport and Senior Minister of State for Health of the Republic of Singapore, who led the first high-level delegation from Singapore to Panama under the new government of Panama.

“This cooperation will strengthen maritime relations between our two countries. It will also yield significant benefits through speedier port clearances for vessels registered with our two countries calling at our ports.”

“Panama's and Singapore's maritime sectors have always had excellent relations but this MoU between our countries will address important technical issues for both Ship Registries,” said Araúz.

“We are pleased to cooperate and bring to our customers and ship owners the most advanced technologies to alleviate the administrative burden and facilitate access to port state inspections, port state control inspections, and port clearances. It will be of great benefit for Singapore and Panama Ship Registries.”

Photo credit: Maritime and Port Authority of Singapore
Published: 19 September, 2019


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