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Panama vessels

Voydar tracks 5,007 vessels sailing under the Panama flag. The fleet's average age is 18 years. Combined gross tonnage on record is 114,416,138. Port State Control records show 9,909 inspections of Panama-flagged vessels, with 0 detentions — a 0.0% detention rate. 38 Panama-flagged vessels currently appear on the OFAC SDN list, the UK Sanctions List, the Canadian autonomous sanctions list, the EU list of designated vessels and the New Zealand Russia Sanctions Register.

What is a flag of convenience?
5,007
Fleet tracked
18 yrs
Avg fleet age
0.0%
Detention rate
0 of 9,909 inspections
38
Sanctioned
on OFAC / UK / Canada lists

Sources: live AIS, USCG PSIX inspections (public domain), OFAC SDN list, UK Sanctions List (OGL v3), Canadian autonomous sanctions list (OGL – Canada). Free on Voydar.

Panama flag: fleet in world statistics

UNCTAD's count of the merchant fleet registered under the Panama flag (ships of 100 GT and above), and who beneficially owns it. Published statistics, not Voydar's own tracking.

8,478
Ships registered (2026)
349.6 million dwt
Deadweight tonnage
13.83% of world dwt
Share of world fleet
19.2 years
Average age
Beneficial owners of the Panama-flagged fleet (2026)
Owner nationalityShipsShare of dwt
Japan1,84431.4%
China1,23514.9%
South Korea3567.8%
Greece3915.8%
Hong Kong5015.6%

Panama: trade and connectivity

220.3 (rank 24; 100 = the average country in Q1 2023)
Liner shipping connectivity, 2 2026
9.57 million TEU
Container port traffic, 2024
3.1 out of 5
Logistics Performance Index, 2022

Sources: UN Trade and Development (UNCTAD) Data Hub (merchant fleet, beneficial ownership, liner connectivity; CC BY 3.0 IGO); World Bank, World Development Indicators (CC BY 4.0) (container port traffic, Logistics Performance Index). Retrieved Sep 24, 2026.

Fleet composition

Recently active Panama vessels

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