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NYK Donates Printers and Paper to School in the Philippines | Hellenic Shipping News Worldwide

NYK has donated printers and copy paper to Paaralang Sekundarya ng Lucban, a public school providing six years of secondary education in the Lucban-Quezon region of the Philippines. A presentation ceremony was held on October 25. In the Philippines, face-to-face classes had been suspended until today in principle except in some schools due to the .

NYK Begins Payment of Seafarers Salaries in Digital Currency | Hellenic Shipping News Worldwide

An NYK Group ship-management subsidiary has begun to pay seafarers’ salaries in digital currency issued by MarCoPay Inc., a joint venture of NYK and the Transnational Diversified Group in the Philippines. After a successful March 2020 trial distributing electronic currency to seafarers at sea for the first time in the world, MarCoPay Inc. subsequently received .

NYK Subsidiary, Marcopay Test Paying Seafarers

Maritime Activity Reports, Inc. © watcharakongton/AdobeStock An NYK Group shipmanagement subsidiary has begun to pay seafarers’ salaries in digital currency issued by MarCoPay Inc., a joint venture of NYK and the Transnational Diversified Group in the Philippines. After a successful March 2020 trial distributing electronic currency to seafarers at sea for the first time in the world, MarCoPay Inc. subsequently received approval from Philippine ministries and agencies to pay salaries to seafarers in digital currency. Filipino sailors on board an LNG carrier sailing off the coast of Durban, South Africa, and a containership sailing along the coast of Japan were paid a portion of their monthly salaries in digital currency issued by MarCoPay.

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