Panama has a prominent position in the world as leader in ship registry and global shipping industry. The most important shipping companies have a presence in the country. Mauad & Mauad has a well established practice in this area and provides a wide range of legal services, especially in the registration of ships - vessels and mortgages. We also participate and assist the client in the negotiation and execution of Naval Mortgage Agreements and other aspects of the finance process. Through the Firm´s network of correspondent offices, we assist the client in obtaining ship and mortgage registration in other open registry jurisdictions, such as Liberia, Honduras, Bahamas and Belize, among others.