Latest Jobs

Global Head of Maritime Chartering and Freight Operations Chartering Manager - Melbourne

MUFG Corporate Banking Division managing director Masayuki Mori (left), and MarCoPay Inc chief executive Toshiaki Fujioka announce their new partnership. Photo: NYK Line

MUFG Bank joins NYK Line to offer digital financial services to seafarers

Investors are seeking to develop the company further following the bank's investment

22 April 2022 15:00 GMT Updated 22 April 2022 15:00 GMT

By Adam Corbett

in London

Japan’s MUFG Bank has invested in MarCoPay Inc, a digital payment and financial services platform for Philippine seafarers.

MUFG joins MarCoPay’s existing partners NYK Line, trading house Marubeni Corporation, and Philippine logistics company the Transnational Diversified Group as a partner in the company.