Ms Pilar Castillo > Arias, Fábrega & Fábrega > Panama, Panama > Lawyer Profile

Arias, Fábrega & Fábrega
PO BOX 0816-01098, PANAMA

Work Department

Ms. Pilar Castillo focuses her work on the areas of shipping and aviation.


Pilar Castillo joined the firm in 2010 and became a partner in 2017.

She has a broad range of experience in shipping, aviation and commodities finance, as well as corporations.

Ms. Castillo frequently works with lawyers in other practice areas providing an IBT lawyer’s perspective on M&A transactions, and commodity finance and secured transactions located in Panamanian free zones.

As an active member of ARIFA’s aviation legal team, Ms. Castillo represents leasing companies and investors in the most complex transactions, as the leading Panamanian airline expands its fleet of international transport based in Tocumen International Airport.


Previously, Ms. Castillo worked as legal counsel to the Panama Maritime Authority’s Directorate General of Merchant Marine, assisting in the implementation of efforts in order to reposition Panama in the Paris MOU white list of ship registries.


Spanish and English


Member of the Panama Maritime Organizing Committee (2018-2019)

President (2021-2022), Vice President (2019-2020) and Deputy Secretary (2015-2019) of the Board of Directors of the Panama Maritime Law Association (APADEMAR)


Master of Laws, Fordham University (2009) (concentration on international business and trade law)

Bachelor of Laws (Licenciatura en Derecho y Ciencias Políticas), summa cum laude, Santa Maria la Antigua University (2008)

Lawyer Rankings

Panama > Transport: Shipping

(Next Generation Partners)

Pilar Castillo – Arias, Fábrega & Fábrega

Arias, Fábrega & Fábrega‘s shipping practice is renowned for the depth and breadth of its offering, with expertise in both contentious and transactional matters in this space. The team is skilled in advising owners and financial institutions on the financing of ships and shipping operations, as well as in obtaining port operations licences, and it also handles a high volume of registrations of vessels under the Panamanian flag (with a notable strength in the registration of mobile offshore drilling units). On the litigation front, the firm is particularly experienced in representing international clients in cross-border disputes. Practice head Jorge Loaiza III is highly sought after by banks, shipping companies and investors to advise on ship financing, acquisitions, litigation and registrations, while Pilar Castillo is also a standout name for shipping finance. The firm further strengthened its practice in August 2023 with the arrival of Fernando Aued, an expert in maritime litigation, from Dentons.