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Panama slips to third in global flag rankings
According to Clarksons Research data dated September 1, the Marshall Islands have moved ahead of Panama, which has fallen to third place, with 196m gt versus 212.7m gt for the Marshall Islands.
Panama has continued its long retreat from the top of the global ship registry rankings. It has now fallen to third place after being overtaken by the Marshall Islands.
The latest Clarksons Research data, dated September 1, put the Marshall Islands fleet at 212.7m gt, comfortably ahead of Panama at 196m gt.
The source describes Panama as a once dominant flag that has been gradually losing ground in the rankings. No further details on other registry positions or the reasons behind the shift were provided.
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