ShipMoney Expands Customer Base in Norway

Posted by Eric Haun
Thursday, November 21, 2013

Maritime Payment Solutions, LLC – Program Manager of ShipMoney for Crew and ShipMoney for Captains announced that it has signed a Norwegian Ship Management Company that operates a fleet of dry cargo vessels, offshore supply vessels and bargesadding to a growing list of ShipMoney clients across Europe. The Managing Director of the Company stated, “ShipMoney meets our objective of increasing safety, the Program provides significant treasury flexibility regarding onboard cash and reduces the cost of sending funds to the vessels.”

ShipMoney is a prepaid Visa card program developed for the commercial maritime industry to reduce onboard cash while offering a new and unique crew welfare benefit for crew and captains. Since it is relatively expensive to deliver cash to vessels, if the amount of onboard cash and the number of cash deliveries could be reduced, there would be a direct and measurable cost savings.

ShipMoney for Crew is a prepaid Visa payroll card that provides an alternative to receiving some of their wages in cash and the remainder wired home. Crew can use their ShipMoney Visa cards worldwide at ATMs, online purchases, stores, restaurants as well as to send money home to friends or family.

ShipMoney for Captains is a prepaid Visa purchasing card that provides an alternative way to pay for provisions, emergency repairs and other ship expenses. Cards can be loaded (and unloaded) 24/7/365 with real-time and customized reporting. ShipMoney for Captains provides treasury management with a flexible tool for funding ship operations at a significantly reduced cost.

shipmoney.com
 

Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

BWTS Newcomer Sees Early Success

Norwegian manufacturer of ballast water treatment systems MMC Green Technology reports it has sold more than 70 systems since going commercial with its MMC BWMS two years ago,

Vale to Ship Coal Along Mozambique Nacala Corridor

Brazilian miner Vale SA  plans to start exporting coal along the Nacala rail and port corridor in Mozambique and Malawi in the third quarter after heavy rains damaged the rail line,

Neptune Orient Lines Sells Logistics Business

Neptune Orient Lines sells APL Logistics to Kintetsu World Express   Neptune Orient Lines Limited (NOL) announced that it has completed the sale of its logistics business,

Finance

Neptune Orient Lines Sells Logistics Business

Neptune Orient Lines sells APL Logistics to Kintetsu World Express   Neptune Orient Lines Limited (NOL) announced that it has completed the sale of its logistics business,

SFL Adjusts Charter Agreement with Frontline

Ship Finance International Limited (SFL) announced that it has entered into a heads of agreement to amend the long-term chartering agreements with Frontline Ltd.

New Ship Continues Atlantic Offshore's Fleet Modernization

Atlantic Offshore Rescue will unveil the third new vessel in the past 12 months as part of its fleet modernization program, representing an investment totaling $458 million.

News

BWTS Newcomer Sees Early Success

Norwegian manufacturer of ballast water treatment systems MMC Green Technology reports it has sold more than 70 systems since going commercial with its MMC BWMS two years ago,

Chile Customs Strike Ends After 8 Days

A customs strike in Chile that had held up exports and imports for over a week has ended after the union said on Friday it had come to an agreement with the government.

Vale to Ship Coal Along Mozambique Nacala Corridor

Brazilian miner Vale SA  plans to start exporting coal along the Nacala rail and port corridor in Mozambique and Malawi in the third quarter after heavy rains damaged the rail line,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Offshore Oil Pipelines Port Authority Ship Electronics Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2920 sec (3 req/sec)