Payment
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Maritime News
FMC Collects Civil Penalty Payment of $1.9 Million from Maersk
The Federal Maritime Commission (FMC or Commission) investigates potential violations of the Shipping Act and Commission regulations and negotiates se……
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Port News
Hunter Group faces mounting VLCC payment dispute
Norway’s Hunter Group says an ongoing dispute with a long-term charterer has deepened after the counterparty again paid well below…
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Port News
US unveils payment rules for new China vessel fees
US Customs provided over the weekend more details about the upcoming hiked port fees for Chinese-linked tonnage, due to come…
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Marine World
Sri Lankan Court Orders $1 Billion Payment for X-Press Pearl Disaster
Sri Lanka’s highest court on Thursday ordered a Singaporean shipping firm to pay US$1 billion in damages for the island’s…
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Port News
NYK buys German crew payment platform
Japanese shipping major Nippon Yusen Kaisha (NYK) is buying Kadmos, a global end-to-end maritime salary payments platform founded four years…
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Marine World
Chevron’s Venezuelan Oil Cargoes Canceled, Stalled Amid Payment Uncertainty
HOUSTON, April 11 (Reuters) – At least two vessels carrying Venezuelan crude chartered by Chevron CVX.N are stalled due to state oil company PDVSA canceling their…
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Maritime News
Launch of a Performance-Based Payment Scheme for Anti-Fouling Paint Sales
[By: Marubeni Corporation] Marubeni Corporation hereby announces the launch of a performance-based payment scheme for the sale of anti-fouling paint for…
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Maritime News
New Banking Payment Platform for Seafarers Launched
A new touch-free payment platform for the maritime industry has been launched by Secure Seas.Secure Seas says its electronic payment…
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Maritime News
Thome Group Introduces Digital Payment Solutions for Crew Wages
All Thome Group seafarers will now have access to a wide range of digital payment solutions, including crew payroll payments,…
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Port News
PIL defaults on notes payment
Under pressure Pacific International Lines (PIL) told the Singapore Exchange on Monday it would not pay back S$60m ($44.6m) of…
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