Helikon relies on Ship Money
Helikon Shipping has extended its maritime payment services agreement with Ship Money into a long-term multi-year relationship.
Ship Money has been used by Helikon to pay wages to crew members on board under its agency for the last several years, and the company has decided to extend the relationship given the upcoming expansion of the Helikon fleet.
Ship Money offers crew complete control and access to their wages while on board ship, including the timing and currency of remittances sent home. It reduces the need for large amounts of cash to be delivered to ships and eliminates the need for Helikon to administer individual crew wire payments sent to home bank accounts. (kd)