Namely, a Ukrainian shipping company Varamar, is reportedly negotiating its first bitcoin deal with a client, Bloomberg writes citing Alexander Varvarenko, founder of the Odessa-based shipper.
According to Varvarenko, bitcoin, a decentralized digital currency, the value of which stands at around USD 10,000, will facilitate how the company does business.
This, in particular, relates to the countries affected by sanctions such as Pakistan, Russia, Yemen, and Qatar and clients with restricted access to bank financing. Furthermore, the cryptocurrency allows for faster transactions as it requires less paperwork when compared to doing business with commercial banks.
Even though the deal is still in its initial stage, the move points to the ever greater popularity of bitcoin across the board.
Varamar was not available for comment to World Maritime News at the moment of publication of this article.
The company was created in 2009 to offer semi-liner and tramp services for transportation of cargo by sea. Among the cargo carried are heavy and oversized units, project cargo and general cargo, ro-ro equipment and containers, steel and bulk. Its semi-liner services connect Europe to South America, Central America, Africa, Middle East, Asia and Far East and Australia.
OUCO Knuckle Boom Truck Mounted Cranes, also can be called lorry cranes, loader cranes, are available from 1 to 50 meter tons. The full knuckle boom type means all booms of the crane can be retracted back in position, therefore this type is with high efficiency and limited space, which make the operation easily.
With more than 20 models and currently are exceeding domestic and abroad market. OUCO Marine group intends to be one of the top manufacturers of truck mounted cranes by keeping excellent quality and efficient after sales service.