Continuing to Pay Crews with Cash Will Bring Further Challenges
Paying crew members in cash will lead to further challenges of increased incidents of piracy and theft, says global financial payments company ShipMoney. ShipMoney President Stuart Ostrow will address delegates at Crew Connect Global, taking place between in Manila November 6 to 8, explaining the challenges ship managers face by continuing to pay their seafarers with cash. The company believes that shipping businesses are leaving themselves open to increased incidents of piracy and theft by not looking at alternative payment methods and fully embracing the new digital age. Giv
ICS Chairman: Use Training to Direct the Future of Shipping
Training acts not only as a career enhancer, but also plays an essential role in the modernization of the shipping industry as a whole, said Esben Poulsson, Chairman of the International Chamber of Shipping (ICS), as he delivered the keynote speech at this year’s Crew Connect Global Conference in Manila. “The future sustainability of the industry requires an evolutionary response to the training and retention of seafarers,“ he stressed. “We need to do more than simply respond to changing needs, we must learn to anticipate them and thereby control the development of the