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Pay News

 

NYK Subsidiary, MarCoPay Test Paying Seafarers' Salaries in Digital Currency

Jun 10, 2021

An NYK Group shipmanagement subsidiary has begun to pay seafarers’ salaries in digital currency issued by MarCoPay Inc., a joint venture of NYK and the Transnational Diversified Group in the Philippines.After a successful March 2020 trial distributing electronic currency to seafarers at sea for the first time in the world, MarCoPay Inc. subsequently received approval from Philippine ministries and agencies to pay salaries to seafarers in digital currency…

BSM Debuts Digital Pay Platform for Seafarers

May 17, 2021

Bernhard Schulte Shipmanagement (BSM) launched BSM NiumPay, a digital payment platform for its seafarers and their families to manage finances. The new payment platform provides seafarers with a multi-currency eWallet and a complimentary VISA card…

Logistics News

Russian Oil Freight Rates Remain High Amidst Tanker Shortage, Black Sea Attacks

Russian Oil Freight Rates Remain High Amidst Tanker Shortage, Black Sea Attacks

Saudi Crude Oil Exports Rise in October

Saudi Crude Oil Exports Rise in October

Bureau Veritas Opens Cruise Excellence Center in Miami

Bureau Veritas Opens Cruise Excellence Center in Miami

Portchain Acquired by StormGeo, Advancing Just-in-Time Voyage Optimization

Portchain Acquired by StormGeo, Advancing Just-in-Time Voyage Optimization

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US FAA: Boeing 737 MAX software bug poses no safety concern
Israel's Netanyahu: Flydubai co-pilot underwent radical Islamist endoctrination
TSA officers are not allowed to sit down during ID checks in US airports