A Britten-Norman BN-2A-21 Islander sustained substantial damage in a forced landing accident at Isla Perico, Panama City, Panama. The airplane had departed Isla del Rey-Punya Coco Airstrip en route to Panama City Albrook-Marcos A. Gelabert International Airport (BLB) when it suffered an engine failure. At 12:12 the pilot radioed that he had lost an engine. He was flying over sea towards Panama City. A forced landing was performed on Isla Perico, near the Amador Causeway. On rollout the airplane collided with a container. CONCLUSIONS The cause of the accident involving the aircraft HP-1338MF was that the captain was forced to land in the Amador area two minutes before landing at MAG Airport, where the aircraft made contact with the terrain and during the landing roll, the right landing gear detached and collided with a cargo container. This was due to a series of events: 1. The failure of the right engine due to an oil leak from the base (adapter) of the oil filter. 2. The shutdown of the right engine in flight, due to a failure of the indication that appeared on the cockpit control instruments. 3. The descent from 2500? to 1700? in order to land on Contadora Island, without which the descent could have maintained enough altitude to reach MAG. 4. Human error in not deciding to land on the runway of Contadora Island and instead continuing the flight towards MAG Airport with an engine that was off at that time. 5. The loss of altitude as the aircraft headed towards MAG due to not having cylinder compression within the manufacturer’s limits. 6. The possible influence of the weight of the occupants and cargo, which prevented maintaining altitude with only one functioning engine due to inadequate cylinder compression.