Maritime payments news & insights

Latest MarTrust news

MarTrust’s Maritime Payments Update

Welcome to the latest edition of MarTrust’s Maritime Payments Update. We have a new comprehensive guide to share with you on Unlocking Seamless Payments in Maritime. You can also now view all of our resources without providing your email address. Our resources include brochures, informative guides and videos. -- [Free guide] Unlocking seamless ...
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MarTrust featured in The Maritime Executive

MarTrust was featured in The Maritime Executive recently. The article highlights the difficulties seafarers face when sending money home or receiving payment due to external challenges in recent years. Read the full coverage here: The Human Factor: Improving Seafarer Welfare Fuels Maritime Resilience Here’s an excerpt from the article: The ...
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New Guide: Unlocking Seamless Payments in the Maritime Industry

We are pleased to introduce our latest free guide, Unlocking Seamless Payments in the Maritime Industry In today’s fast-paced and interconnected world, payment complexity in the industry is increasing. This comprehensive guide equips you with the knowledge and insights necessary to overcome some of the different payment hurdles within the ...
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The Marcura Group acquires ShipServ

The Marcura Group today announced that it has signed a definitive agreement to acquire ShipServ, a leading maritime online procurement platform and marketplace. This strategic acquisition marks a significant milestone for both companies and is expected to be finalised in the coming weeks. Upon merging, both companies will benefit from ...
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MarTrust featured in Ship Management International

MarTrust was featured in Ship Management International recently. The article highlights the difficulties seafarers face when sending money home or receiving payment due to sanctions on financial institutions associated with specific states. Read the full coverage here: Improving seafarer welfare fuels maritime resilience Here’s an excerpt from the article: The ...
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Crew welfare matters: Prioritising prompt and reliable payments for happy and productive seafarers

Over the past decade, the drive towards improving crew welfare and satisfaction has increased exponentially. Accelerated by the pandemic and shifting political and geographic tensions, ship owners realise that they need to go the extra (nautical) mile to ensure the welfare of their crews. But what springs to mind when ...
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MarTrust featured in Hellenic Shipping News Worldwide

MarTrust was featured in Hellenic Shipping News Worldwide recently. The article highlights the challenges faced by seafarers in receiving timely payments due to geopolitical conflicts and supply chain disruptions affecting traditional financial institutions. Read the full coverage here: Hellenic Shipping News Worldwide - Enabling Smooth Payments for Seafarers During Times ...
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How digital payments are revolutionising the maritime industry

In the maritime industry, we often focus on tools and processes when discussing payments. This makes sense as the industry is undergoing significant technological changes. However, we tend to overlook an important aspect - the people we pay. "The wages I send home keep my family alive, so I have ...
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Ensuring equal access to MarTrust services for seafarers of all nationalities

Through the recent influx of sanctions, MarTrust has demonstrated its strength in responding to significant regulatory change by supporting its customers through these challenging times. Seafarer welfare is at the heart of what we do at MarTrust, with MarTrust services serving and supporting both seafarers and corporate customers. We would ...
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MarTrust Webinar: How to Streamline Maritime Payments and Improve Crew Welfare

Earlier this month, the MarTrust team held an informative webinar on How to Streamline Maritime Payments and Improve Crew Welfare. During the 40-minute webinar, the team covered key talking points, including the following:

The necessity to improve crew welfare – and how to do it
How to streamline the ...
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MarTrust at the Global MET Conference in Mumbai

Last week, MarTrust's Senior Vice President of Digital Financial Solutions, Xavier George joined Captain Pramod Pillai at the Global MET Conference in Mumbai. Xavier shared his recap of the event with us... "It was my pleasure to attend the Global MET Conference last week, along with my Marcura colleague, ...
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Humanising Digital at MarTrust

We all understand the importance of going digital, especially in the payments business. Nothing new! But when MarTrust decided to define what ‘Digital’ means, they decided to take a good look at who the customer was and their needs. Customer first: seafarer This was a serious exercise: to go into ...
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Captain Igor Petrenko from EXMAR talks about his E-Wallet

Captain Igor Petrenko from EXMAR talks to us about his experience with the MarTrust E-Wallet, which enables him to exchange currencies at a more competitive rate when compared to his bank. In the interview, Captain Petrenko said, “I have been using it for two months already. I installed the app ...
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We’re attending Posidonia 2022 from 6th June

We’re really looking forward to attending Posidonia 2022 in Athens from 6th June. Come and meet some of the MarTrust team on stand 3.213! Posidonia, the international shipping exhibition, takes place every two years and has long been established as one of the major calendar events of the shipping industry. It ...
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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 ...
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An interview with Captain Rex Villavicencio from Misuga Ship Management

Captain Villavicencio explains how the MarTrust E-Wallet enables him to send funds to crew members at the push of a button, and how it removes seafarers’ need to have to wait until they’re onshore to send money home using expensive remittance services. Watch the interview here: In the video, Captain ...
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An interview with George Pitaoulis from ABC Maritime

George explains how implementing the MarTrust e-wallet has saved hundreds of thousands of dollars for ABC Maritime, and that it provides the ability for seafarers to instantly receive and send funds at competitive FX rates. Watch the interview here: In the video, George says, “We are saving funds in hundreds ...
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Euronav’s Cpt. Efstathiou L. Vasileios talks about the MarTrust E-Wallet

Our customer, Captain Efstathiou L. Vasileios of Euronav, was kind enough to chat and share his experience of using the MarTrust E-Wallet. 💬🎤 Read the full interview here: https://www.martrust.com/wp-content/uploads/2022/01/M52-Customer-Stories-v1b.pdf Captain talks about how easy and safe it is to use the MarTrust e-wallet. He said, "The app is so easy ...
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An interview with Richard Tiggelaar from Seatrade

Richard talks about Seatrade's experience with MarTrust and how the e-wallet has helped reduce cash-to-master transactions, boost cash flow, and streamline the payroll process. Also, how it helps their seafarers and how they're completely in control of their funds. Watch the full interview: Richard said, "Remitting wages is not the ...
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A shipping industry where cash does not always need to be King [Digital Ship story]

MarTrust payment solution can transform the shipping industry’s current outdated system for paying crew salaries, suppliers and reduces the amount of cash on board. MarTrust has received recent press coverage: Digital Ship, (published on 3 November 2021) Read the full coverage here: A shipping industry where cash does not always ...
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MarTrust is here to help the world’s 1.9m seafarers

Now almost 1.9 million seafarers work in the maritime industry, according to recent data from UNCTAD, with 45% of them being officers and 55% being ratings. The top 5 countries with the most seafarers are the Philippines, Russia, China, India, Indonesia, and Ukraine – which between them account for 48.5% ...
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Martracon invites MarTrust onboard to meet their seafarers

Martracon recently invited the MarTrust team to join their general welfare vessel visit to discuss the e-wallet and card and have a direct Q&A session with the seafarers on board. Thank you to Philipp Boerger, MD Martracon, and Fabian Krause for inviting us aboard their crew managed ships, MV Samskip Innovator ...
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