Panama wins opener of CONCACAF Women’s World Cup qualifying. : Weekly News Roundup, October 7th, 2018

Oct 7, 2018 | Company News, Panama News

Welcome to the Panama Weekly News Roundup! Here’s the latest.

Panama wins opener of CONCACAF Women’s World Cup qualifying.

Marta Cox, Kenia Rangel and Erika Hernandez all scored to give Panama a 3-0 victory over Trinidad and Tobago in the group stage of the CONCACF Women’s World Cup qualifying tournament Thursday.

Panama, ranked 66th in the world by FIFA, was making just its third appearance in the CONCACAF Women’s Championship. Los Canaleros finished second behind Costa Rica in Central American qualifying to earn a spot in the field.

The game was the first of a double-header for Group A, followed by the United States against Mexico. The top three finishers in the eight-team tournament earn berths for next summer’s World Cup in France. The fourth-place finisher will face Argentina in a playoff for a spot.

Source: Washington Post

Over 230 cruise ships set for visit the Panama Canal in 2018/19.

The Panama Canal administration expects to receive approximately 234 cruise ships through the Panamax and Neopanamax locks during the upcoming 2018-2019 cruise season.

The first transit will occur on October 5 with Seven Seas Mariner on a northbound transit travelling from the US West Coast to the US East Coast.

‘As the second full cruise season with the expanded Canal, we aim to build off our recent milestones and success,’ said Panama Canal’s senior international trade specialist Albano G. Aguilar.

Source: Seatrade Cruise News

Panama Maritime Authority to implement REG Code.

The Panama Maritime Authority (PMA) has reported that it is currently working on the implementation of the Red Ensign Group Yacht Code (REG Code), to come into effect on 1 January 2019.

By implementing the REG Code, an existing void is filled in the Panamanian Merchant Registry as far as commercial yachts are concerned. Previously, commercial yachts fell under the auspices of Decree No.18, 30 May, 1984 and were, therefore, legislated for by out of date practices in a supplementary manner.

“The [REG] Code is based on what is stipulated in the International Convention for the Safety of Life at Sea (SOLAS), the International Convention on Load Lines, the International Convention on Training Standards, Certification and Guards (STCW in English) of the International Maritime Organisation (IMO), it also allows yachts to receive international documentation that allows them a free commercial exploitation under our Registry, in a responsible, current and secure way,” explains Juan Jose Espino Sagel, partner at Pardini & Asociados.

Source: Superyacht News


Five Reasons You Should Move Your Family to Panama!

When looking to live and invest in Panama, you’re sometimes not just making a decision for yourself, but for your whole family. Relocating your family can be tough, especially if you have kids. Luckily, in Panama, there’s lots of potential for kids, including expats who relocate.

Whether you’re moving to Panama for just a few years, or here for the long haul, you can find family-friendly activities, housing, recreation, and schools to fit your need. To give you a little taste of what’s in store for you and the family in your Panama adventure, here are 5 great reasons that make Panama a family-friendly destination.

Source: POLS Blog


POLS Attorneys Staff Writer

POLS Attorneys Staff Writer

As one of the leading Panama Law Firms, and one of the regions most reliable offshore service providers, POLS Attorneys brings a wide range of professional knowledge to our clients needs. Our staff is made up of professional offshore consultants, Panama attorneys and immigration specialists who are experienced in offshore business, understand international investment and asset protection strategies, and are experts in providing a seamless Panama immigration process.

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