Piraeus-based Kyklades Maritime Corporation has agreed a partnership with maritime payments firm ShipMoney to roll out digital crew payment services across 18 of the company’s tankers, sources indicated on 7 September 2026.
Under the arrangement ShipMoney’s platform will be used to provide wage advances and to make crew payouts, covering a multinational complement of approximately 500 seafarers employed across the enrolled vessels.
Kyklades Maritime Corporation, described in the report as an independent Greek tanker owner and operator with its head office in Piraeus, will deploy the digital solution on the nominated ships as part of the new agreement with the global payments provider.
The figures supplied imply an average crew complement of roughly 28 seafarers per ship across the 18 vessels, an approximation drawn from the stated total of about 500 seafarers and the number of vessels involved.
Scope of the platform ShipMoney’s service will handle both wage advances and routine payouts for the seafarers on the enrolled vessels, according to the report. The company is identified in the announcement as a global maritime payments provider contracted to operate the digital payment solution on Kyklades’ ships.
Operational reach and scale The deployment covers 18 tankers and a multinational crew totalling in the region of 500 seafarers, as set out in the published account. reports recorded the partnership and the scope of the rollout in its item dated 7 September 2026.
ShipMoney’s platform will be used across the named vessels for the specific functions of wage advances and crew payouts. The arrangement was presented in the report as a formal commercial agreement between the Piraeus-based owner and the payments provider.
The announcement places Kyklades among owners adopting a digital route for crew remuneration on a defined set of ships, with the logistics of implementation and any wider roll-out left to the contracting parties, as reflected in the published note.