Monthly Archives: September 2014

Dear reader,

below you will find enclosed the following Resolutions (in Spanish language) issued by the General Directorate of Merchant Marine in regards to the new additional incentives to all new building vessels registered until December 31, 2015.

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• Resolution No. 106-65-DGMM dated Sept 17, 2014 (new building vessels)

FIRST: TO GRANT, additional to the discounts referred to in Law No. 57 of August 6, 2008, up to 100% on the Registration fees, annual consular fees, annual investigation fees, annual inspection fee and .03% net ton

to all those new building vessels registered within the Merchant Marine up to December 31 2015.

SECOND: TO WARN that the previous benefit will be applicable to those new building vessels over 10,000GT built at the following shipyards: Japan, HongKong, People’s Republic of China, singapore, South Korea, Taiwan, Philippines, Indonesia, Vietnam, France, Germany, Norway, Holland and Italy. The same benefit will apply to all new building MODUS.

THIRD: All new building vessels not complying with the second article, shall enjoy the following benefits:

• Discount of 35% on the registration fees and Annual Consular Fees for the term of one year additionally to the discount that may apply acording to Law No. 57 of August 6, 2008.
• Discount of 15% additional to the above mentioned and to the discount that may apply acording to Law No. 57 of August 6, 2008.

FOURTH: The sum of all the discounts can not be greater than 100% payable on fees and charges mentioned. The General Directorate of Merchan Marine will indicate the parameters to grant such discounts.

 

SIXTH: This resolution revokes Articles 1 and 3 of Resolution No. 106-185DGMM dated November 28, 2013 as well as the Articles 1 and 3 of the Resolution No 106-56-DGMM dated August 14, 2014.

 

SEVENTH: The benefits will apply for the term of one year from the Registration if the vessel is registered prior to December 31, 2015.

Resolution No. 106-66-DGMM dated Sept 17, 2014 (vessels re-registered under Panama Flag

 

FIRST: TO GRANT an additional benefit to the discounts referred to in Law No. 57 of August 6, 2008, for the term of two years and up to 100% on the Registration fees, annual consular fees, annual investigation fees, annual inspection fee and .03% net ton to all vessels registered up to December 31, 2015 as long as they can prove that have been previously registered within the Panamanian Merchant Marine.

 

SECOND: TO WARN that the benefit listed on article first may apply to all vessels evidencing:

 

• Have been registered within the Panamanian Merchant Marine
• Have a gross tonnage over 10,000
• Less than 10 years of built
• Do not detained by any PSC or MOU worldwide within 2 years, counted from the date of the submission of the application for registration as per this resolution
• That its Deletion by practice in Law (ex oficio) was not for causes affecting national interests.
• Vessel is not listed neither on the MOU detention list neither on the security council of the United Nations

 

THIRD: TO WARN that vessels enjoying this benefits MUST BE registered at least for 5 years. If a vessel is deleted before, will pay all fees discounted.

 

FIFTH: The sum of all the discounts can not be greater than 100% payable on fees and charges mentioned. The General Directorate of Merchan Marine will indicate the parameters to grant such discounts.

 

SIXTH: The benefits will apply if the vessel is registered prior to December 31, 2015.

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Do not hesitate in contacting Erik de Koning or Wouter Sluis of the Registration Department if you have any vessel that may enjoy of these discounts or would like to receive a tailor made quotation about them.

Hubel Marine B.V. , Tel +31-10-458 7338 http://www.hubelmarine.com

INCENTIVOS – RESOLUCION No 106-65-DGMM de 17 de septiembre de 2014 INCENTIVOS – RESOLUCION No 106-66-DGMM de 17 de septiembre de 2014

 

Rotterdam, 8 September 2014

PANAMA FLAG ANNOUNCES ADDITIONAL  35% DISCOUNT NEW REGISTRY THROUGHOUT DECEMBER 31, 2015

VESSEL REGISTRY DISCOUNT UNTIL DECEMBER 31, 2015

ALL NEW BUILT VESSELS

VESSELS 10,000 GT AND OVER

VESSELS UNDER 15 YEARS OF CONSTRUCTION

FIRST: TO GRANT, additional to the discounts referred to in Law No. 57 of August 6, 2008, a thirty-five percent (35%) discount on the registration fee and the annual consular fee for the term of one year to those newly built vessels that register under the Panamanian Merchant Marine in 2015 as established in Article 8 of Law 57 of 6 August 2008

SECOND: GRANT a waiver of twenty five percent (25%) additional the discounts of Law No. 57 of August 6, 2008 in the registration fee and the annual consular fee for the term of one year to all ships enrolling in the Panamanian Merchant Marine in 2015, provided that the ships have a gross tonnage of 10,000 GRT and are less than 15 years old, to be counted from the time it was laid down as established by Article 8 of Law No. S7 6 August 2008.

 

OTHER DISCOUNTS

ECONOMIC GROUP LOYALTY DISCOUNT

New General Merchant Marine Law No. 57 of August 6 2008 effective as of Feb 7 2009

Number of Vessels	Discount Rate	Discount on Annual Fees	Discount on Annual Consular Fees	Period of Discount
5 to 15	20%	20%	20%	YEAR OF REGSITRY
16 to 50	35%	35%	35%	YEAR OF REGSITRY
MORE THAN 51	60%	60%	60%	YEAR OF REGISTRY

 

                       

NEW BUILT VESSEL DISCOUNT

New General Merchant Marine Law No. 57 of August 6 2008 effective as of Feb 7 2009

GT Gross Tonnage (ITC69)	Discount on registration Fee	Discount on Annual Fees	Discount on Consular Fees
Less than 30,000 GT	50%	30% for 3 years	50% for 3 years
More than 30,000 GT but less than 100,000 GT	50%	40% for 3 years	50% for 3 years
100,000 GT and more	50%	50% for 3 years	50% for 3 years

                         

5 YEAR KEEL LAY DATE

New General Merchant Marine Law No. 57 of August 6 2008 effective as of Feb 7 2009

GT Gross Tonnage (ITC69)	Discount on registration Fees	Discount on Annual Fees	Discount on Consular Fees
Less than 30,000	30%	15% for 3 years	15% for 3 years
More than 30,000 GT but less than 100,000 GT	50%	20% for 3 years	20% for 3 years
100,000 GT and more	50%	25% for 3 years	25% for 3 years

 

DISCOUNT FOR NO PORTS STATE CONTROL DETENTIONS – IMPROVE STANDARS

Vessel with no PSC detention in 24 months: 15% discount on annual tax and annual consular fee.

Here are some of the advantages offered by the PANAMANIAN REGISTRY:

Ownership: Any person or company, regardless of nationality and place of corporation is eligible to register ships under the Panamanian flag. Furthermore, there is no income or withholding taxes payable when the income is a result of the operation of a vessel engaged in international trade.

Minimum Requirements: There is no minimum tonnage requirement. However, vessels over 20 years old will have to pass a special inspection by an authorized Panamanian inspector, in order to obtain the Permanent Navigation Patent.

Technical Certificates: Ship owners who wish to transfer their ships to the Panamanian flag will not be required to have them re-surveyed if the ships possess valid safety and tonnage certificates at the moment of registration, which eliminates the necessity to have the ship dry docked prior to registration and consequently saves the ship owner considerable expenses. However, upon the registration, a recognized entity (national or international) should issue a new set of certificates on behalf of the Panama Administration.

Quotation

The shipping experts of the Registration Department of Hubel Marine have all the tools and knowledge in order to prepare a tailor-made quotation in which all requirements ,forms and cost are mentioned.

Contact the leading Panama Registration Experts from Europe, Erik A. de Koning or Wouter Sluis @ Telephone +31-10-4587338.

http://www.hubelmarine.com