The Panama Maritime Authority (PMA) has taken a significant step to enhance competitiveness and transparency in the country’s maritime sector. By officially rescinding Resolution ADM No. 224-2019, the PMA has reopened opportunities for companies to participate in the marketing and sale of fuels, lubricants, and petroleum derivatives through floating equipment, such as barges.
This move is expected to stimulate business activity around the Panama Canal, one of the world’s most vital maritime trade routes.
Reinstatement of Fuel Supply Licensing Process
On October 7, 2025, PMA Administrator Luis Roquebert signed Resolution ADM No. 125-2025, which reinstates the procedure for granting new operating licenses for fuel transport and supply via floating equipment. This change allows interested companies to apply for new licenses or request vessel inclusions through the General Directorate of Ports and Auxiliary Maritime Industries. All applications will be processed following established regulations to ensure operational integrity and environmental compliance.
Promoting Transparency and Market Competition
The PMA’s decision is aimed at fostering a more open and competitive maritime fuel market. By removing restrictions on floating fuel operations, the authority seeks to attract new players and strengthen Panama’s role as a key refueling hub in global shipping. The new framework also ensures transparent oversight of licensing procedures, building trust among stakeholders and supporting Panama’s long-term maritime growth strategy.
The revocation of Resolution ADM No. 224-2019 marks a turning point for Panama’s maritime fuel sector. With the reintroduction of licensing for floating equipment operations, the PMA is promoting transparency, competition, and economic growth. This initiative reinforces Panama’s position as a central player in international maritime trade, leveraging its geographic advantage and the vital role of the Panama Canal.
