Panama vows crackdown on maritime crime to protect global trade

Panama’s President Jose Raul Mulino on Monday reaffirmed his country’s commitment to safeguarding global trade and marine resources, warning that criminal networks would not be allowed to exploit Panama’s ship registry or maritime routes.

Speaking at a United Nations Security Council session, which he is presiding over this month, Mulino said Panama’s geographical position brings both responsibility and strategic significance.

"My country holds a geographically strategic position, historically linked to the oceans, and seriously takes up its responsibility in maintaining safe, efficient, and sustainable maritime routes," he said.

Citing UN data, Mulino noted that more than 80% of global trade by volume is transported via sea, but that maritime routes remain “particularly vulnerable” to transnational organised crime, including drug, weapons, and migrant smuggling, as well as counterfeit goods trafficking.

He emphasised that Panama has taken "a clear stance of responsible leadership and effective action" to combat these threats. This includes strengthening vessel traceability, maritime surveillance, and international cooperation to ensure good maritime governance.

"Panama is not, nor will it ever be, a refuge for those who violate international law or threaten the security of the oceans," he declared.

Mulino also highlighted efforts to tackle illegal, unreported, and unregulated fishing through sanctions, improved monitoring, and closer collaboration with other nations.

The president stressed the strategic importance of the Panama Canal, which serves 180 maritime routes and connects with more than 1,920 ports in 170 countries. He said its treaty-based neutrality remains “a guarantee of free transit and stability” in global commerce.

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