Financial Ports

Panama’s 30-year reign ends as tonnage plummets 15% in 2026

CLAVE 1 / 4Panama’s fleet tonnage has shrunk 15% in 2026, dropping to 196 million gt.

CLAVE 2 / 4Marshall Islands now holds 212.7 million gt, pushing Panama to third place.

CLAVE 3 / 4Liberia remains the largest registry with 317.4 million gt and 6,167 vessels.

CLAVE 4 / 4Panama’s average fleet age is 19.5 years, the oldest among top five flags.

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