In 2020, some 9,596 vessels sailed under the flag of Panama. Considering there were around 56,000 ships in the world's merchant fleet, roughly 17 percent of all merchant ships sailed under Panama’s flag.
Number of vessels in fleets worldwide as of November 2020, by major country
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Lloyd's List. (December 3, 2020). Number of vessels in fleets worldwide as of November 2020, by major country [Graph]. In Statista. Retrieved February 08, 2025, from https://www.statista.com/statistics/264025/number-of-merchant-ships-worldwide-by-merchant-flag/?__sso_cookie_checker=failed
Lloyd's List. "Number of vessels in fleets worldwide as of November 2020, by major country ." Chart. December 3, 2020. Statista. Accessed February 08, 2025. https://www.statista.com/statistics/264025/number-of-merchant-ships-worldwide-by-merchant-flag/?__sso_cookie_checker=failed
Lloyd's List. (2020). Number of vessels in fleets worldwide as of November 2020, by major country . Statista. Statista Inc.. Accessed: February 08, 2025. https://www.statista.com/statistics/264025/number-of-merchant-ships-worldwide-by-merchant-flag/?__sso_cookie_checker=failed
Lloyd's List. "Number of Vessels in Fleets Worldwide as of November 2020, by Major Country ." Statista, Statista Inc., 3 Dec 2020, https://www.statista.com/statistics/264025/number-of-merchant-ships-worldwide-by-merchant-flag/?__sso_cookie_checker=failed
Lloyd's List, Number of vessels in fleets worldwide as of November 2020, by major country Statista, https://www.statista.com/statistics/264025/number-of-merchant-ships-worldwide-by-merchant-flag/?__sso_cookie_checker=failed (last visited February 08, 2025)
Number of vessels in fleets worldwide as of November 2020, by major country [Graph], Lloyd's List, December 3, 2020. [Online]. Available: https://www.statista.com/statistics/264025/number-of-merchant-ships-worldwide-by-merchant-flag/?__sso_cookie_checker=failed