Domenico Carlucci, MarTrust’s CEO, on the vital role of seafarers

At MarTrust, we are committed to improving crew welfare worldwide. On this subject, Domenico Carlucci, CEO of MarTrust, writes:

“Crew welfare is at the core of MarTrust’s purpose.

World trade is powered in large part by commercial shipping. And commercial shipping is totally reliant on seafarers.

As a result, we believe crews have, and deserve, a special status.

Our part of the crew welfare picture is crew payments.

We believe crews and their families have a right not to worry about getting paid in full and on time.

COVID has introduced many difficulties for crews and their families. These issues stem from a historically high reliance on cash/physical money in maritime, and suboptimal ways of paying and transferring money around the world.

The war in Ukraine has further exacerbated these immense challenges, for many seafarers and their employers, as banking systems are either shut down or hard to reach.

The crew welfare technology powering MarTrust enables crews to receive, hold, transfer and spend money without being dependent on fully functioning banking systems.

We all need seafarers to continue to facilitate global trade for energy, food and much more.

At MarTrust, we’re proud to do our bit to help them.”

For more information on MarTrust, contact us today.