Articles

Große Chancen auch in Deutschland

Mit ShipMoney hat Stuart Ostrow die Bezahlung der Crews in der Kreuzfahrt-Industrie auf den Kopf gestellt. Auch in der Handelsschifffahrt sieht er große Potenziale für die digitale Lösung und hat bereits einige namhafte Kunden Im Gespräch mit der HANSA bestätigt der Gründer und Präsident, dass Ship Money mittlerweile über 50 eedereien oder Shipmanager als Kunden […]

Seafarer Wages “101”

Stuart Ostrow developed ShipMoney as a means to make the process of paying crew more efficient and cost-effective. Little did he realize then that his company could be instrumental in helping seafarers during their greatest time of crisis. By Greg Trauthwein How did you come create ShipMoney? I’m the definition of an accidental salesman. By […]

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ShipMoney eliminates direct and indirect costs to pay crew members

The Covid-19 pandemic has brought the organizations much closed and connected in many ways. In this respect ShipMoney, a smart application to pay crew members wages offers real time transfers from the ShipMoney card reducing considerably the cost of remitting funds. In the interview that follows Stuart Ostrow, Founder & President of ShipMoney, explains the […]

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Company in Focus: ShipMoney Helps to Enable Efficient Seafarer Pay

Stuart Ostrow developed ShipMoney as a means to make the process of paying crew more efficient and cost-effective for both vessel owner/operators and the crew. Little did he realize then that his company would be instrumental in helping seafarers during their greatest time of crisis. Stuart, to start, how did you come create ShipMoney and […]

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COVID-19 and the Impact on Seafarers

As the world eagerly waits for Covid-19 to ease its grip and life to start normalizing, the technology sector is really coming into its own, positively impacting shipping and other industries, writes Stuart Ostrow, Founder and President of ShipMoney. While the need for increased operational efficiencies had already resulted in the maritime sector embracing digitalization, […]

Money is evolving – Even at sea

Seafarers could be the key to harnessing digital potential, as Sean Maloney explores with ShipMoney

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Tie up offers seafarers more control over cash

A new agreement between maritime payments provider ShipMoney and maritime SIM card provider iVitta could allow thousands of seafarers more control over how they receive their salaries. Historically, crewmembers have either been paid in full with cash onboard after which they would wire money home to their families or received some cash with their employer […]

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Why today’s seafarers are turning digital

Sean Moloney examines the ever-growing demand from seafarers to stay connected with friends, family and definitely their bank accounts while at sea. A friend of mine said something the other day which totally threw me. Turning his back on the advantages that digitalization increasingly offers to our daily lives, he proudly declared that he has […]