Special Discounts to Vessels with corporate social responsibility programs about Sea pollution


The Panamanian Government has enacted the resolution number 106-91-DGMM dated on December 21st, 2016 (hereinafter identified as “Law 57”) establishing the requirements to obtain special discount to vessels as long as they demonstrate corporate social responsibility programs focused on the reduction of air or sea pollution:

  1. Fifty percent (50%) for the term of three (3) years in favour of vessels wishing to register in The Panamanian Registry, in the following areas:
  • Registry Tax
  • Annual Tax
  • Consular Tax
  • Annual Survey Tax
  • Tax for investigation of accidents
  • 3% per net ton
  1. Applicable to the next year, fifty percent (50%) for the term of three (3) years in favour of vessels wishing to register in The Panamanian Registry, in the following areas:
  • Consular Tax
  • Tax for investigation of accidents
  • Annual Survey Tax
  • 3% per net ton

Vessels wishing to register in the National Merchant Marine may opt for the special discount identified with the letter “A” most provide one of the following documents:

  1. Document showing that the Project Energy Efficiency Index (EEDI) obtained from the vessel that applies for this incentive has a value less than or equal to the EEDI prescribed for this type and deadweight tons of the vessel, according to the following phases:
  • Phase 1:
    • To the December 31th, 2019, the EEDI obtained have to been a value less than or equal the 60% the EEDI prescript.
  • Phase 2:
    • From January 1st, 2020 to the December 31th, 2024, the EEDI obtained should be a value less than or equal it 50% of EEDI prescript.
  • Phase 3:
    • From January 1st, 2025, the EEDI obtained have to been a value less than or equal the 40% the EEDI prescript.
  1. Document that shows that the vessel apply for this incentive, is propelled in its entirety by Natural Gas Liquefied as fuel and/or
  2. Document that shows that the Operational Index Efficiency (EEOI) of vessel that apply for this incentive, this according to the value of EEOI required for this type and size of vessel.

Vessel registry in the National Merchant Marine may opt for the special discount applicable to the next year (identified with the letter “B”) must provide one of the following documents:

  1. Document showing that the Project Energy Efficiency Index (EEDI) obtained from the vessel that applies for this incentive has a value less than or equal to the EEDI prescribed for this type and deadweight tons of the vessel, according to the following phases:
  • Phase 1:
    • To the December 31th, 2019, the EEDI obtained have to been a value less than or equal the 60% the EEDI prescript.
  • Phase 2:
    • From January 1st, 2020 to the December 31th, 2024, the EEDI obtained should be a value less than or equal it 50% of EEDI prescript.
  • Phase 3:
    • From January 1st, 2025, the EEDI obtained have to been a value less than or equal the 40% the EEDI prescript.
  1. Document that shows that the vessel apply for this incentive, is propelled in its entirety by Natural Gas Liquefied as fuel and/or
  2. Document that shows that the Operational Index Efficiency (EEOI) of vessel that apply for this incentive, this according to the value of EEOI required for this type and size of vessel.

NOTE that the discount established by this Resolution cannot be added or combined with the discounts and / or waivers granted by Law No. 57 of August 6, 2008, nor will it give rise to the recognition of any credit.

NOTE that vessel that the already have a discount or exemption previously granted by means of a Resolution issued by the General Directorate of Merchant Marine, once the period of validity of said discounts or waivers has ended, may opt for the special discount established in Article Two Of this Resolution, for the following three (3) years, provided they the above mentioned documents.

The discount contemplated in this resolution will be applied directly by the Department of Ship Registration of this General Directorate of Merchant Marine of the Panama Maritime Authority.

This Resolution repeals Resolution No. 106-113-DGMM of November 16th, 2015. However, the Special Discounts Resolutions issued pursuant to Resolution No. 106-113-DGMM of November 16th, 2015, will maintain its valid for the time granted and in the same way, may again opt for the special discount established in Article Two of this Resolution, for the next three (3) years, provided they provide the aforementioned documents.

For any comments or clarifications, please do not hesitate to contact us.

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