Exclusive: Panama to withdraw flags from more vessels that violate sanctions


  • World
  • Saturday, 13 Jul 2019

FILE PHOTO: A British Royal Navy patrol vessel guards the oil supertanker Grace 1, that's on suspicion of carrying Iranian crude oil to Syria, as it sits anchored in waters of the British overseas territory of Gibraltar, historically claimed by Spain, July 4, 2019. REUTERS/Jon Nazca/File Photo

PANAMA CITY (Reuters) - Panama will withdraw its flag from more vessels that violate sanctions and international legislation, the country's maritime authority told Reuters, following the removal of about 60 ships linked to Iran and Syria from the Panamanian registry in recent months.

After the re-imposition of sanctions on Iran by Washington in 2018, Panama's former president Juan Carlos Varela gave the green light to remove a fleet of 59 tankers from the country's registry, according to two sources close to the decision.

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