ShipMoney Blog

Corporate Social Responsibility

January 3, 2023

By Rupert Fee

Today, 60% of the finance being supplied to the shipping industry comes from banks that are signed up to the Poseidon Principles- a global framework for responsible ship finance, In essence, the principles set a benchmark for assessing and disclosing the climate impact of the shipping portfolios managed by the major global trade finance banks. Financial institutions moved to get ahead of impending regulations by launching the Poseidon Principles in 2019. Many of the major banks involved in maritime are based in Europe and […]

Women in Maritime

December 13, 2022

By Sue Terpilowski OBE

Women must be seen and heard from the stage at maritime events.

Despite women’s progress in the global workforce over the past decades, gender biases and pay gaps still persist. The situation in the maritime sector is no exception ashore and when it comes to the sea is even more shocking and is nowhere near acceptable. Today, women represent only 1.2% per cent of the global seafarer workforce as per the BIMCO/ICS 2021 Seafarer Workforce Report…

Supporting Seafarers

October 20, 2022

By Greta Bartsota

There have been a number of articles in recent times about how crew members are undervalued and underappreciated. While hospital staff were rightly lauded for their amazing dedication during the COVID pandemic, very little was written about the work that seafarers did to keep global supply chains moving.

There were calls for seafarers to be recognized as key workers yet governments were slow to react when support for crew was needed most and a huge crew change crisis ensued…

Corporate Social Responsibility

October 12, 2022

By Rupert Fee

Today it is estimated that 5 trillion pieces of plastic litter our oceans, including bottles, bags, fishing wire and straws, with the average person generating 84 kg of plastic waste per year.

Inevitably this plastic enters the food chain with a recent study*revealing that humans consume about 5 grams of microplastic a week, equivalent to one credit card.

Every year, millions more tons of plastic enter our oceans primarily from rivers and water…

Customizing Solutions

October 6, 2022

By Matt Sankary

I’ve been managing the onboarding process for new clients of ShipMoney’s crew payroll programme for nearly five years.

The programme is designed to simplify how crew members get paid by their employers including ship managers, ship owners and crewing agents and that gives maritime companies greater control when disbursing their funds…