Launched on April 3, 1944, by the California Shipbuilding Company, the SS Panama Victory was to set sail just 27 days later, on the 30th of May. Outfitted for war on Terminal Island, she will head to SE Asia in support of the Pacific campaign as a cargo transport. After a series of supply runs to Guadalcanal, the SS Panama Victory saw action during the Battle of Lingayen Gulf, coming under attack on January 12, 1945 while engaged in transferring war materiel to landing ships. After WWII, she was sold to the Holland American Line and renamed Amsteldijk. The Dutch operator kept her until 1968, when she is acquired by Progressive Mariner S.A. from Panama. Her final faith will mirror that of many early-production Victory ships, being scrapped in Taiwan in 1973.
Around the same time, the US Navy was engaged in removing asbestos from much of its service fleet, a service the SS Panama Victory never undertook. The hazardous mineral could have been found in virtually all areas of the ship, but it was most heavily used in heat-sensitive regions like the engine room, propulsion room, and boiler room.