August, 2017 (London, UK) – ShipServ, the world’s largest procurement platform for the marine industry, has entered into a close partnership with MarTrust, a Marcura Group company. MarTrust is a global payments provider focused entirely on the maritime industry. The aim of the partnership is to make it easier for ship operators and managers to vet suppliers and make international payments.
MarTrust can provide ShipServ customers with independent compliance checks, bank account vetting and validation, as well as process payments for the benefit of the 65,000 suppliers trading on the ShipServ platform. These due diligence and compliance checks are critical to processing the payments in accordance with increasingly complex financial regulations.