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Table A: -Limits of territorial seas, fishing zones and exclusive economic zones-
| STATE | TERRITORIAL SEA | FISHING ZONE | ECONOMIC ZONE |
| *Panama | 200 mi (1967) | - | - |
Table B: -Licence fees, bilateral agreement or joint venture requirements and nationality criteria-
| STATE | Licence fees, royalties and others local currency | Requirements concerning bilateral framework agreements or joint venture participation | Nationality criteria for fishing vessels |
| PANAMA | LEGISLATION Licence fee for tuna fishing = B30/n.r.t. for six months (Decree No. 8 of 1976) -Navigation permit = B 600 Note: New legislation under consideration AGREEMENTS Agreement between Panama, Costa Rica, Honduras and United States of 14 March 1983, valid until withdrawal Tuna fishing: -For 5 contracting parties = US$60 per n.r.t. -For additional contracting parties (coastal states), fees increased up to a maximum of US$100 per n.r.t. Note: Increases to be determined by Council set up under agreement. -Minimum increase of US$10 per n.r.t. for each additional contracting party (coastal state) after sixth. -Fees to be reduced upon withdrawal by any contracting party (coastal state) as determined by Council, down to a minimum of US$60 per n.r.t. -Fees to be paid in full before licence issued. -Licences valid until end of year in which issued. -Proceeds of fees, less up to 10%-for administrative coasts, to be distributed to Coastal States in proportion to amount of tuna taken in respective 200 mile areas. |
LEGISLATION Local fishing vessel defined as one owned by nationals, locally registered companies, or foreigners domiciled in the country. (Decree Law No. 17 of 1959, regulating fisheries exploitation. art. 5) |
Table C: -Coastal State requirements for foreign fishing-
| STATE | Foreign
fishing vessel licence conditions (other than reporting requirements) including observers, bonds, etc. |
Logbook, and reporting requirements foreign fishing |
| PANAMA | LEGISLATION -Conditions subject to negotiation with boat owner. -Catch quotas set. -Fishing for shrimp, pearl, mother of pearl, anchovies and herring by non-domiciled foreigners is prohibited -Local agent to be maintained. (Decree Law No. 17 of 1959. regulating fisheries exploitation, art. 5) Note: New legislation under legislation under consideration |
LEGISLATION Returns to be made periodically. (Decree Law No. 17 of 1959. art. 55) |
Table D: -Compliance control and reporting conditions-
- For key to alphabetical code see page preceding this table.
- Numbers represent periodicity of reports(in days / hours) or deadlines For submission of reports; W = weekly; D = daily; M = monthly; R = on request .
% = Reports must be made every 3 days for vessels from Norway, Sweden and Faroes when fishing for herring, weekly when fishing for other species .
O = Logbook to be filled out(radio report to be made) after every fishing operation .
* = Country is a part to the South Pacific FFA arrangement which stipulates that licences will not be issued to foreign fishing vessels unless those vessels are listed in good standing on the FFA - maintained regional register of fishing vessels .
COMPLIANCE CONTROL AND OTHER CONDITIONS
A . Vessel to bear specified identification markings
B . Licence / permit to be carried on board
C . Vessel to board observers as required
D . Vessel to submit fishing plan
E . Vessel to put in for port inspections on entry / departure from zone
F . Vessel to carry specified position fixing equipment / transponders
G . Vessel owners to appoint local legal agents
H . Flag state to appoint national representative
I . Vessel to post performance bond / guarantee / deposit
J . Vessel to carry interpreters
K . Vessel to Seek prior authorization for transhipments
L . Vessel to stow gear while in area where not authorized to fish
M . Requirements concerning local landing / processing of catch
N . Requirements concerning protection of local fisheries / gear
O . Requirements concerning employment / training of coastal state nationals in crew
REPORTING REQUIREMENTS
P . Reporting on or prior to entry into the zone
Q . Reporting on or prior to departure from the zone
R . Reporting on commencement or cessation of fishing operations
S . Reporting on or prior to entry into coastal state ports
T . Timely reporting on position
U . Timely reporting on catch and effort
V . Maintenance of fishing logs .
W . Submission of logbooks / catch reports : - on request / as required / at specified intervals
X . Submission of logbooks / catch reports : - on entry into port
Y . Submission of logbooks / catch reports : - on / after completion of voyage / end of permit
Z . Controls over transitting of zone by unlicensed foreign fishing vessels
| COASTAL COUNTRIES | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z |
| PANAMA | X | X | X |
Table E: -Penalties for unauthorized foreign fishing-
| STATE | FINES | IMPRISONMENT | FORFEITURE |
| PANAMA | From B 10 000 to B 100 000 | NO | Vessel: forfeited on
second offence. Catch: forfeited. |