l to r: Domenico Carlucci, Managing Director, MarTrust, Christoph Oliver Kiese, Managing Director, [bluester]
As a financial services provider operating exclusively within the maritime industry, MarTrust is able to stay independent and specialised, whilst remaining strategically connected to leading global financial institutions. Furthermore, as a Marcura company, MarTrust has unparalleled access to insights and resources which allows it to vet companies across the shipping supply chain with high efficiency and accuracy.
For a minimal annual fee, suppliers registered with [bluester] will receive a ‘Vetted by MarTrust’ status, signalling to all shipowners and managers that they are a trustworthy, ‘ready to go’ service supplier. Additionally, shipowners and managers may request on-the-spot checks of a potential business partner.
Domenico Carlucci, Managing Director of MarTrust, commented on the collaboration: “The problem for ship owners and managers is that, sometimes, their banks do not have a thorough understanding of the maritime industry, or access to the relevant information or contacts to complete compliance checks quickly and accurately. As a result, these processes can end up being burdensome and costly for the concerned parties – the banks, ship operators and ship management companies alike. Our tailored services help customers avoid that. We are very happy to provide our services to users of the [bluester] platform under the special agreement established, and we look forward to offering our efficient payment solutions in the near term to them, as well.”
Christoph Oliver Kiese, CEO of [bluester], explained the customer benefits: “Counterparty due diligence is a regulatory requirement, and MarTrust’s services substantially reduce compliance risks and allow for reliable and secure transactions. By delivering access to MarTrust’s specialization and service excellence, [bluester] provides its users with a very clear value-add.”
MarTrust’s payment services are offered in partnership with Paymaster (1836) Limited which is authorised by the Financial Conduct Authority under the Payment Services Regulations 2009 (FCA Reference Number 315407).
