Making foreign exchange smooth sailing for your shipping business
Protect your business’ bottom line.
- Access market-leading, competitive rates – no hidden fees or surprises
- Mitigate the impact of currency risk on your international payments
- Make same-day transfers and manage your payments 24/7 online
Keep track of every transaction and exchange money, hassle-free
From docking fees to crew salaries and fuel costs, international payments will be key to the daily operations of your shipping business. We’re helping to streamline this process with our easy-to-use, completely secure online platform, which lets you transfer over 35 currencies across 130+ countries.
Consider a forward contract for cost-effective transfers
Even slight shifts in a currency’s value can make a big difference to the price of your international payments. Our dedicated currency specialists can help protect your funds from unwanted exchange movements by securing a fixed exchange rate or forward contract for the future.
Plan your future cash flow without worrying about currency fluctuations
When you agree your rates ahead of time, you can be certain of what your costs for buying and selling overseas will be, helping you manage your cash flow and plan for the future. We’ll help you secure competitive rates that are transparent and market-leading.
Shipping Industry Trends 2022
Stormy conditions gave way to tailwinds for the shipping industry in 2021 in what was a choppy 12 months. Waves created by the onset of the Covid-19 pandemic in 2020 rippled into 2021 with such force that the shipping industry - which is widely considered the backbone of world trade - was forced to batten down the hatches.
The Shipping Industry During A Pandemic
From lifting millions of people out of poverty to creating a generation of discount-minded shoppers, the shipping industry has much to be proud about. However, the pandemic has highlighted how fragile its network of approximately 6,000 ships carrying roughly 25 million containers is when the going gets tough.