Common FAQ from ShipFinex 1. Which blockchain is being used?* ShipFinex utilizes the ERC-3643 protocol of Ethereum, a globally recognized standard for real-world asset tokenization. For representing maritime asset tokens, we are leveraging the Polygon blockchain, known for its scalability and efficiency. This technology is widely adopted by leading financial institutions, including banks and private equity funds, ensuring a secure and robust platform for our users. *2. Has your company raised funds, and how long can it survive if tokenization of ships doesn't work?* Yes, ShipFinex is well-funded and built on a diversified business model. We are confident in tokenization's success but have additional strategies to ensure long-term resilience and adaptability. *3. What percentage of ShipFinex stocks do you personally own?* The ownership structure of ShipFinex is designed to support the company’s vision and growth. Specific details about equity and ownership are confidential at this stage but will be shared transparently when appropriate. *4. How many vessels are there on the platform for tokenization?* Shipfinex is working closely with numerous maritime companies to onboard vessels for tokenization. Partnerships like TMC Shipping are among the first, and more assets are being prepared for launch. Exact numbers will be shared once the platform goes live, ensuring all offerings meet rigorous Marine Asset Technical Committee (MATC) standards. *5. What is the brokerage fee charged by your platform, and how will ShipFinex make money?* Our platform’s fees are structured to remain competitive and transparent, ensuring value for all users. Details about fee structures, including brokerage and operational fees, will be disclosed closer to launch. *6. Is ShipFinex planning to launch its own token? If yes, which chain?* We are evaluating options to enhance the platform's ecosystem, which could include launching a utility token. Any such plans will be announced officially, with complete details about the technology and its use case. 7.We welcome tough questions because transparency and accountability are at the core of ShipFinex. Ensuring investor confidence is our highest priority, and we are committed to providing secure, compliant, and innovative solutions for the maritime industry.
Very basic questions were missed. Which blockchain is being used? Has your company raised funds, how long can your company survive if the tokenisation of ship doesn't work? What % of shipfinex stocks you personally own? How many vessels are there on the platform for tokenisation? What is brokerage fee charged by your platform. How will shipfinex make money? Is shipfinex itself planning to launch a token if yes then which chain? Karanvir You should ask tough questions, and it's not necessary to be nice when you know money of So many hard working innocent seafeares is involved.
I think you Just make and another Cryptocurrency called "Shipfinex" Coin, just like the Dogecoin, lite coin, or Bitcoin Or Polka dot, Or squid game coins (which are vanished).. Fun fact Sunny Leone also created her own Blockchain based Cryptocurrency called Sunny Leone Coin, which you can buy it in fraction just like Shipfinex & Bitcoin also buy in fraction
Thank you, Karanvir for an incredible conversation on the KSN Show Podcast! We loved sharing ShipFinex’s vision of making ship ownership accessible to everyone through innovation and technology. Together, we’re breaking barriers in the maritime world. 🚢🌊 Let’s keep inspiring and building the future of maritime finance! #ShipFinex #MaritimeInnovation #OwnAShip
Hey karanvir bro👋 We are getting a lot of knowledge because of this types of podcasts, instead of watching reels and other unnecessary stuff on social media ,i have developed a habit of watching your podcasts and also of other creaters and it helped me in being productive after watching all the people sharing their journey . Thanks for sharing it❤
I want to thank you for this incredibly insightful podcast. Inspired by Shipfinex, I’ve already registered on their website and am excited to soon take a major step toward purchasing my own ship 😊. A huge thanks to Karanvir for the amazing job you doing through these podcasts-educating and inspiring mariners like myself. You make us all proud, and your work uplifts sailors everywhere. Keep it up!”
His transition from a ship's captain to blockchain technology is impressive. Decentralized currencies appeal to me, it is the future. It is time to demolish centralized currency.
The idea of investing in a stock is so you buy a fraction of the company and not a ship. That is Risk Management since you control your risks, this business does not give you that option. If the market crashes a company with a diversified portfolio is also Risk Management. I think buying a fraction of a ship is too risky and not a viable business as the risk is so high. Finally if you buy a stock you have thousands of people you can sell to, here the percentage of people on the platform buying is minimal.
Yes, turned the ships into NFT. Brilliant Sir, I would like to join with you. Unfortunately I have to wait until June 2025😪. Thank you for making the video I was hoping there was a platform doing this already so I could invest.
Thank you so much, brother! Your podcast is truly amazing, and today’s episode was one of the best yet. I’ve learned so much and it really motivates me to keep pushing forward. I just registered on Shipfinex, and I’m excited to start my journey towards becoming a ship owner! Your content is inspiring, and it's great to see someone so passionate about helping sailors like us achieve our dreams. Keep doing your thing-you're making us all proud! 🙌🚢"
One can just buy stocks in global shipping companies. This dude seems to be spending a lot of time “selling” what effectively sounds like a relatively unregulated investment. This seems more like an infomercial than it does an interview. Love the podcast, but this episode was a miss for me.
Yeah. But he answered the point saying, the company owns many ships which ship many different products. So when you buy a stock of a company, the growth is distributed across all the ships, management, finances and so on. But when you own a particular ship, it doesn’t include all the other factors which are included in evaluation of a stock price.
@@lelouche812 did he answer who the overseeing regulators are to protect the investors? I assure you that it’s not the SEC. The entire sales pitch felt like a pump and dump crypto scam.
Thank you for your candid feedback; it’s important to address these points clearly. 1. Why not just buy stocks in global shipping companies? Investing in shipping stocks provides exposure to the maritime industry, but it comes with limitations: Indirect Ownership: Stockholders own shares in a company, not in the underlying assets (ships). This means returns are influenced by the company's broader financial performance and management decisions, not just the performance of individual vessels. Limited Transparency: Public companies may not provide detailed insights into individual ships’ earnings or operations. Market Volatility: Stocks often correlate with broader market trends, which may not accurately reflect the intrinsic value or performance of shipping assets. Shipfinex offers a direct and transparent approach by tokenizing ownership of specific vessels. Investors gain exposure to the actual income generated by the ship, such as charter revenues, creating a more direct connection to maritime economics. 2. Addressing “unregulated investment” concerns: Shipfinex operates under a framework of strict regulatory compliance: We have secured initial approvals and licenses from recognized authorities, including the Dubai Virtual Assets Regulatory Authority (VARA) and other international jurisdictions. Our platform adheres to Know Your Customer (KYC), Anti-Money Laundering (AML), and other global financial compliance standards, ensuring secure and legitimate transactions. Each asset listed on the platform is governed by a Special Purpose Vehicle (SPV) to provide clear legal ownership structures, similar to established frameworks like REITs. Shipfinex is committed to operating as a secure and regulated marketplace, with investor protection and transparency at its core. 3. “Selling” vs. Innovating: We understand your concern that the discussion might feel promotional. The passion in such conversations stems from Shipfinex’s goal to democratize ship ownership-an industry traditionally dominated by institutional investors and high-net-worth individuals. This innovation requires educating the market about the opportunities, which can sometimes come across as “selling.” However, the underlying purpose is to showcase how Shipfinex: Bridges gaps in maritime finance by providing shipowners with new capital-raising options. Empowers investors by offering access to an asset class previously out of reach. Implements blockchain technology to enhance transparency, efficiency, and liquidity in maritime investments. 4. Thank you for supporting the podcast: We appreciate your engagement with the podcast and recognize that new concepts like this can sometimes feel different from traditional episodes. Shipfinex values these discussions as opportunities to educate, clarify, and refine our mission based on thoughtful feedback like yours. In closing, while investing in shipping stocks remains an option, Shipfinex is introducing a complementary, innovative, and regulated pathway for maritime investments. We invite you to learn more about how we’re building a secure and inclusive platform for the maritime economy. Your feedback helps us improve and strengthen our message-thank you again for sharing it.
A quick question from a serial investor: What benefit are you providing to somebody investing directly in 'Ship-owning Firms' that provide financial assurance through multiple due diligence processes instead, of going and investing in a fragmented asset that is vulnerable to local control arrangements by the operators? Sounds like a sailor's Dit. Pure financial question- no gut/emotions or technical modalities here just so to avoid getting into the weeds of it.
Hlo karan sir Please make a podcast regarding how to clear second mate fast and cousres which we have to do and the money required Meanwhile love your content ❤
Once upon a time I was walking on the shore, I saw a man laying near a fishing line that he stuck in the wet sand. So I approached and asked him how was his day. He removed his hat and said, half asleep, that one day he will own a ship😮
what if the ship sinks? all money gone? who will claim insurance? a ship is an asset how can it itself be listed? there has to be a company owning it (but then it will be similar to a stock). or there should be a structure to it like REITs. Ok lets assume a ship is listed on this exchange who will distribute/report the earning of a ship? The idea is OK but implemented in a wrong way. it should be implemented in a framework similar to REITs.
Thank you for your detailed thoughts and questions. These are valid concerns, and Shipfinex has designed its platform with a robust framework to address them effectively. 1. What if the ship sinks? A key aspect of investing in ships on our platform is comprehensive insurance coverage. Every tokenized ship listed on the Shipfinex platform is required to have robust insurance policies in place, including protection against losses due to sinking or other catastrophic events. This ensures that token holders are protected, and any claims are settled through a transparent insurance process. Shipfinex collaborates with leading maritime insurers to ensure these protections. 2. Who claims the insurance? The insurance claims process is managed by the Marine Asset Technical Committee (MATC), a governance body designed to oversee operational and financial aspects of tokenized ships. This committee, comprising maritime experts, ensures fair play and efficient handling of events like insurance claims. As part of our commitment to transparency, token holders are informed of the process and outcomes. 3. A ship is an asset; how can it be listed? You're absolutely correct that a ship itself cannot be "listed" like a traditional stock. Instead, Shipfinex tokenizes ownership rights in the ship through blockchain technology. Each token represents a fractional interest in the asset, similar to shares in a company. These tokens are governed by smart contracts, ensuring clarity and legal enforceability of ownership. The ship itself remains under the ownership of a Special Purpose Vehicle (SPV), a legal entity set up to hold the asset and manage its operations. Token holders effectively have an indirect ownership interest through the SPV. This is akin to the REIT structure you referenced, but optimized for maritime assets using blockchain. 4. How are earnings distributed and reported? The SPV handles the ship’s earnings, such as charter revenues or shipping profits. These earnings are audited and transparently reported to token holders. Distributions are automated through the blockchain using smart contracts, ensuring timely and accurate payments based on each holder’s fractional ownership. We also ensure that the Marine Asset Technical Committee and Shipfinex oversee reporting and compliance, so investors can trust that all financial and operational data are accurate and accessible. 5. A REIT-like structure for maritime assets? You’re spot on in suggesting a framework similar to REITs. Shipfinex’s model takes inspiration from REITs by: Establishing SPVs to hold each ship. Ensuring professional management and operational oversight. Providing regular, audited financial reporting. Enabling fractional ownership and trading on a secure platform. What sets us apart is the use of blockchain for tokenization, which introduces enhanced liquidity, transparency, and global accessibility compared to traditional REITs. In summary, Shipfinex addresses the challenges of traditional maritime investments with a carefully structured and innovative framework. By integrating industry-standard risk management, transparent operations, and blockchain efficiency, we ensure a secure and attractive investment opportunity. We appreciate your feedback and invite you to explore more about how Shipfinex is setting a new standard for maritime asset investments.
@@shipfinex So basically you are a joint stock company and a stock exchange but only difference is the shares are traded on blockchain platform in the form of tokens rather than demat shares with CDSL/NSDL traded through NSE/BSE platform.
He wants black money he launched company in Dubai, only people who cannot buy stocks and parked money in Dubai will be interested in his blockchain shit
Will it always be a new build or pre-owned as well, where the ship is a depreciating asset, how will the investor know whether they paying the right price ?
Good Effort by Mr. Vikas Pandey. Karan, nice podcast. However, it's actually not owning a ship or fraction of a ship. An owner makes decisions or makes suggestions. Actually those who invest here cannot do anything.
Thanks for sharing such valuable information! I have a quick question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How should I go about transferring them to Binance?
what if the ship is no longer in operation, like it catch fire, can the ship only be sold on the blockchain or it can be sold physically, and if it can be sold physically how will it be priced, is it priced at the value of the tokens or at the real value
@KaranvirSinghNayyar I am planning to open a MTI but i dont know have expertise regarding this, all i have is DGS circulars and training manuals regarding opening an institute. So i request you kindly make a video on it which should cover all topics as it is not a small thing, it is opening a damn institute in minimum 4.5 hectare area.
A friend of mine bought a cargo ship years ago, he was always buying crazy shit well he had to hire a captain and crew and 2yrs later the ship went missing, the captain stole the ship and he never saw it again
After so much information, I have only one useful. That is, which product is exported or imported, and its quantity. This information can help me buy a share of that company before it goes high. But this is insider information. Are you sure that sharing this information is legal?
Tip. Improving your English will make the content more attractive, sometimes it’s pretty hard to understanding. It is inconceivable to have a 100% oral content with such a low level of English. The content is amazing, but presentation needs work.
Hello sir, watching your video...till now very nice❤...I had a doubt regarding tolani maritime institute!! Currently studying in class 12th pcm willing to join merchant Navy through bsc nautical science in Tolani...but i got some power in my eyes around -2...can i join the college for bsc and when i am eligible for Lasik i will do it in my last year??sir another question...do you had any batchmates pursuing bsc nautical science who used to wear spectacles with certain number??
It is generally like Reits but for ships but my doubt is who is ship manager accontable to because inspite owners being ruthlessly tough the manager tries to cut costs in every department if there are many fractional owners how can we trust ship manager to be truthful about ship condition
I suppose, the accountability of the ship manager still remains at the UBO. Trust would be built on research as one does for a stock, depending on your investment strategy. Operational efficiency of an asset is the onus of the business. Again, like stocks have due diligence, research well and move with calculated risks. No one knows better than a seafarer about risk mitigation. Cheers mate
@@visheshparashar2775 i just dont mean the revenue generation in shorter period it is about life of ship some gets scrapped in 10 years same type of ship built in same yard ran for 20 or more in some cases.i was talking about that i.e will we be able to monitor pms or any other way to check for condition of vessel. also i do feel big owner could use this kinds of platforms to raise money for minor stakes
You made an entire episode to promote that guy's business. If it's a paid promotion, you have to mention it openly. Else, there will be legal action against your channel
Common FAQ from ShipFinex
1. Which blockchain is being used?*
ShipFinex utilizes the ERC-3643 protocol of Ethereum, a globally recognized standard for real-world asset tokenization. For representing maritime asset tokens, we are leveraging the Polygon blockchain, known for its scalability and efficiency. This technology is widely adopted by leading financial institutions, including banks and private equity funds, ensuring a secure and robust platform for our users.
*2. Has your company raised funds, and how long can it survive if tokenization of ships doesn't work?*
Yes, ShipFinex is well-funded and built on a diversified business model. We are confident in tokenization's success but have additional strategies to ensure long-term resilience and adaptability.
*3. What percentage of ShipFinex stocks do you personally own?*
The ownership structure of ShipFinex is designed to support the company’s vision and growth. Specific details about equity and ownership are confidential at this stage but will be shared transparently when appropriate.
*4. How many vessels are there on the platform for tokenization?*
Shipfinex is working closely with numerous maritime companies to onboard vessels for tokenization. Partnerships like TMC Shipping are among the first, and more assets are being prepared for launch. Exact numbers will be shared once the platform goes live, ensuring all offerings meet rigorous Marine Asset Technical Committee (MATC) standards.
*5. What is the brokerage fee charged by your platform, and how will ShipFinex make money?*
Our platform’s fees are structured to remain competitive and transparent, ensuring value for all users. Details about fee structures, including brokerage and operational fees, will be disclosed closer to launch.
*6. Is ShipFinex planning to launch its own token? If yes, which chain?*
We are evaluating options to enhance the platform's ecosystem, which could include launching a utility token. Any such plans will be announced officially, with complete details about the technology and its use case.
7.We welcome tough questions because transparency and accountability are at the core of ShipFinex. Ensuring investor confidence is our highest priority, and we are committed to providing secure, compliant, and innovative solutions for the maritime industry.
Ethereum is a scam token. it keeps going down. Should of used your own token or bitcoin or doge.
Classic example of saying without saying anything
Very basic questions were missed.
Which blockchain is being used?
Has your company raised funds, how long can your company survive if the tokenisation of ship doesn't work?
What % of shipfinex stocks you personally own?
How many vessels are there on the platform for tokenisation?
What is brokerage fee charged by your platform. How will shipfinex make money?
Is shipfinex itself planning to launch a token if yes then which chain?
Karanvir You should ask tough questions, and it's not necessary to be nice when you know money of So many hard working innocent seafeares is involved.
Because if you follow Blockchain in detail there is a big RWA ( real world asset ) narrative being pushed.
Ask him if it is Balanced-based or ledger-based. It looks like he is using Etharium, a ledger-based coin. The idea is not bad.
Good thought
I think you Just make and another Cryptocurrency called "Shipfinex" Coin, just like the Dogecoin, lite coin, or Bitcoin Or Polka dot, Or squid game coins (which are vanished).. Fun fact Sunny Leone also created her own Blockchain based Cryptocurrency called Sunny Leone Coin, which you can buy it in fraction just like Shipfinex & Bitcoin also buy in fraction
they raised 1.5 million
Thank you, Karanvir for an incredible conversation on the KSN Show Podcast!
We loved sharing ShipFinex’s vision of making ship ownership accessible to everyone through innovation and technology. Together, we’re breaking barriers in the maritime world. 🚢🌊
Let’s keep inspiring and building the future of maritime finance!
#ShipFinex #MaritimeInnovation #OwnAShip
I also aspire to own a ship and establish a shipping company. This episode was my absolute favorite.
So glad to read this ❤️
You and me both☝️
Hey karanvir bro👋
We are getting a lot of knowledge because of this types of podcasts, instead of watching reels and other unnecessary stuff on social media ,i have developed a habit of watching your podcasts and also of other creaters and it helped me in being productive after watching all the people sharing their journey .
Thanks for sharing it❤
This really really means alot ❤️
I want to thank you for this incredibly insightful podcast. Inspired by Shipfinex, I’ve already registered on their website and am excited to soon take a major step toward purchasing my own ship 😊. A huge thanks to Karanvir for the amazing job you doing through these podcasts-educating and inspiring mariners like myself. You make us all proud, and your work uplifts sailors everywhere. Keep it up!”
Thank you so much 🙏
His transition from a ship's captain to blockchain technology is impressive. Decentralized currencies appeal to me, it is the future. It is time to demolish centralized currency.
Yup
He has come up with an actual revolutionary Idea
Nothing beats gold, silver and high quality timber from central and South Americas or Africa. Is money everywhere.
The idea of investing in a stock is so you buy a fraction of the company and not a ship. That is Risk Management since you control your risks, this business does not give you that option. If the market crashes a company with a diversified portfolio is also Risk Management. I think buying a fraction of a ship is too risky and not a viable business as the risk is so high. Finally if you buy a stock you have thousands of people you can sell to, here the percentage of people on the platform buying is minimal.
Yes, turned the ships into NFT. Brilliant Sir, I would like to join with you. Unfortunately I have to wait until June 2025😪.
Thank you for making the video I was hoping there was a platform doing this already so I could invest.
Insightful video for understanding this business! 🙌🙌
As always, amazing work, Karan!
Thank you Srishti 🙌
That was a very inspirational as a seafarer to own a ship. Learnt a few things out of that conversation. 🥰
Glad you enjoyed it!
Thank you ! Thank you !
This Episode is also on Spotify - open.spotify.com/episode/6HdjOKYJYmIofWZHl72xin?si=xDxNuRt9RBKGZpWd_J7IZg
Thank you so much, brother! Your podcast is truly amazing, and today’s episode was one of the best yet. I’ve learned so much and it really motivates me to keep pushing forward. I just registered on Shipfinex, and I’m excited to start my journey towards becoming a ship owner! Your content is inspiring, and it's great to see someone so passionate about helping sailors like us achieve our dreams. Keep doing your thing-you're making us all proud! 🙌🚢"
One can just buy stocks in global shipping companies. This dude seems to be spending a lot of time “selling” what effectively sounds like a relatively unregulated investment. This seems more like an infomercial than it does an interview. Love the podcast, but this episode was a miss for me.
Good thought
True. I hope people watching see through this.
Yeah. But he answered the point saying, the company owns many ships which ship many different products. So when you buy a stock of a company, the growth is distributed across all the ships, management, finances and so on.
But when you own a particular ship, it doesn’t include all the other factors which are included in evaluation of a stock price.
@@lelouche812 did he answer who the overseeing regulators are to protect the investors? I assure you that it’s not the SEC. The entire sales pitch felt like a pump and dump crypto scam.
Thank you for your candid feedback; it’s important to address these points clearly.
1. Why not just buy stocks in global shipping companies?
Investing in shipping stocks provides exposure to the maritime industry, but it comes with limitations:
Indirect Ownership: Stockholders own shares in a company, not in the underlying assets (ships). This means returns are influenced by the company's broader financial performance and management decisions, not just the performance of individual vessels.
Limited Transparency: Public companies may not provide detailed insights into individual ships’ earnings or operations.
Market Volatility: Stocks often correlate with broader market trends, which may not accurately reflect the intrinsic value or performance of shipping assets.
Shipfinex offers a direct and transparent approach by tokenizing ownership of specific vessels. Investors gain exposure to the actual income generated by the ship, such as charter revenues, creating a more direct connection to maritime economics.
2. Addressing “unregulated investment” concerns:
Shipfinex operates under a framework of strict regulatory compliance:
We have secured initial approvals and licenses from recognized authorities, including the Dubai Virtual Assets Regulatory Authority (VARA) and other international jurisdictions.
Our platform adheres to Know Your Customer (KYC), Anti-Money Laundering (AML), and other global financial compliance standards, ensuring secure and legitimate transactions.
Each asset listed on the platform is governed by a Special Purpose Vehicle (SPV) to provide clear legal ownership structures, similar to established frameworks like REITs.
Shipfinex is committed to operating as a secure and regulated marketplace, with investor protection and transparency at its core.
3. “Selling” vs. Innovating:
We understand your concern that the discussion might feel promotional. The passion in such conversations stems from Shipfinex’s goal to democratize ship ownership-an industry traditionally dominated by institutional investors and high-net-worth individuals. This innovation requires educating the market about the opportunities, which can sometimes come across as “selling.”
However, the underlying purpose is to showcase how Shipfinex:
Bridges gaps in maritime finance by providing shipowners with new capital-raising options.
Empowers investors by offering access to an asset class previously out of reach.
Implements blockchain technology to enhance transparency, efficiency, and liquidity in maritime investments.
4. Thank you for supporting the podcast:
We appreciate your engagement with the podcast and recognize that new concepts like this can sometimes feel different from traditional episodes. Shipfinex values these discussions as opportunities to educate, clarify, and refine our mission based on thoughtful feedback like yours.
In closing, while investing in shipping stocks remains an option, Shipfinex is introducing a complementary, innovative, and regulated pathway for maritime investments. We invite you to learn more about how we’re building a secure and inclusive platform for the maritime economy. Your feedback helps us improve and strengthen our message-thank you again for sharing it.
Great podcast, thank you.
I was searching such podcasts now I get , thanks I’m in containers shipping business
Could you teach me ? I’m in Australia 🇦🇺
@@hiboostchoshI’m
Interested in container shipping business in Nigeria!
I’m
Interested in container shipping business in Nigeria
Thank you very much for this impressive video.
Salam from Egypt 🇪🇬 with love and respect 😊
Excellence and informative video, Well Done, Karan!
Thank you
A quick question from a serial investor: What benefit are you providing to somebody investing directly in 'Ship-owning Firms' that provide financial assurance through multiple due diligence processes instead, of going and investing in a fragmented asset that is vulnerable to local control arrangements by the operators? Sounds like a sailor's Dit. Pure financial question- no gut/emotions or technical modalities here just so to avoid getting into the weeds of it.
I want to own ships 🚢🚢🚢🚢🚢 but I need sincere crews that will manage it effectively
Good 1 Karan..it's awesome and informative to be a passionate on World of Sea. Entrepreneurship..❤..
Thank you
Hlo karan sir
Please make a podcast regarding how to clear second mate fast and cousres which we have to do and the money required
Meanwhile love your content ❤
Definitely will do that
Amazing ❤
Thanks 😄
Once upon a time I was walking on the shore, I saw a man laying near a fishing line that he stuck in the wet sand. So I approached and asked him how was his day. He removed his hat and said, half asleep, that one day he will own a ship😮
Thank you very much for sharing great video
Our pleasure
Proof of Authority kinda.. thats cool
what if the ship sinks? all money gone? who will claim insurance? a ship is an asset how can it itself be listed? there has to be a company owning it (but then it will be similar to a stock). or there should be a structure to it like REITs. Ok lets assume a ship is listed on this exchange who will distribute/report the earning of a ship? The idea is OK but implemented in a wrong way. it should be implemented in a framework similar to REITs.
Thank you for your detailed thoughts and questions. These are valid concerns, and Shipfinex has designed its platform with a robust framework to address them effectively.
1. What if the ship sinks?
A key aspect of investing in ships on our platform is comprehensive insurance coverage. Every tokenized ship listed on the Shipfinex platform is required to have robust insurance policies in place, including protection against losses due to sinking or other catastrophic events. This ensures that token holders are protected, and any claims are settled through a transparent insurance process. Shipfinex collaborates with leading maritime insurers to ensure these protections.
2. Who claims the insurance?
The insurance claims process is managed by the Marine Asset Technical Committee (MATC), a governance body designed to oversee operational and financial aspects of tokenized ships. This committee, comprising maritime experts, ensures fair play and efficient handling of events like insurance claims. As part of our commitment to transparency, token holders are informed of the process and outcomes.
3. A ship is an asset; how can it be listed?
You're absolutely correct that a ship itself cannot be "listed" like a traditional stock. Instead, Shipfinex tokenizes ownership rights in the ship through blockchain technology. Each token represents a fractional interest in the asset, similar to shares in a company. These tokens are governed by smart contracts, ensuring clarity and legal enforceability of ownership.
The ship itself remains under the ownership of a Special Purpose Vehicle (SPV), a legal entity set up to hold the asset and manage its operations. Token holders effectively have an indirect ownership interest through the SPV. This is akin to the REIT structure you referenced, but optimized for maritime assets using blockchain.
4. How are earnings distributed and reported?
The SPV handles the ship’s earnings, such as charter revenues or shipping profits. These earnings are audited and transparently reported to token holders. Distributions are automated through the blockchain using smart contracts, ensuring timely and accurate payments based on each holder’s fractional ownership.
We also ensure that the Marine Asset Technical Committee and Shipfinex oversee reporting and compliance, so investors can trust that all financial and operational data are accurate and accessible.
5. A REIT-like structure for maritime assets?
You’re spot on in suggesting a framework similar to REITs. Shipfinex’s model takes inspiration from REITs by:
Establishing SPVs to hold each ship.
Ensuring professional management and operational oversight.
Providing regular, audited financial reporting.
Enabling fractional ownership and trading on a secure platform.
What sets us apart is the use of blockchain for tokenization, which introduces enhanced liquidity, transparency, and global accessibility compared to traditional REITs.
In summary, Shipfinex addresses the challenges of traditional maritime investments with a carefully structured and innovative framework. By integrating industry-standard risk management, transparent operations, and blockchain efficiency, we ensure a secure and attractive investment opportunity. We appreciate your feedback and invite you to explore more about how Shipfinex is setting a new standard for maritime asset investments.
Great, it has been thought through in detail. This really strengthens investor confidence. I'm intrigued to know more.
@@shipfinex So basically you are a joint stock company and a stock exchange but only difference is the shares are traded on blockchain platform in the form of tokens rather than demat shares with CDSL/NSDL traded through NSE/BSE platform.
Verey brilliant explanation on
block chain shipfnx
I want to own a ship in the future also for my future company.🤔😁☝️🙏
This just sounds like yet another scam to me. How will I know that my investment actually goes into fractional purchases of one or more of the ships?
How is it different from investing in the Ship owning company.
What are advantage of owning the ship instead of ship company shares.
A very valid question.
You do not get the gas bill 😂
It’s a negative high risk less reward.
@@AzAz-oz4eyevery bill ends up being taxed or dueled deducted before your ROI.
He wants black money he launched company in Dubai, only people who cannot buy stocks and parked money in Dubai will be interested in his blockchain shit
Please do a podcast with ship sailor sunil ...
Will do
Fine. I shall go shopping for a ship now.
Haha
Will it always be a new build or pre-owned as well, where the ship is a depreciating asset, how will the investor know whether they paying the right price ?
Please check the Shipfinex website
Please make video how shipping industry work
😂😂😂 Exactly. Even though blockchain technology is interesting, we came here to learn how to get into the shipping management industry.
Next Part video message please
Good Effort by Mr. Vikas Pandey. Karan, nice podcast. However, it's actually not owning a ship or fraction of a ship. An owner makes decisions or makes suggestions. Actually those who invest here cannot do anything.
Im interested
Hello. I was just wondering when this episode was recorded. For context of course because I heard Capt mention 2015
It was in November 2024 itself
Mutual fund Sip karke khreedunga ek do ship mai😂
Why would I buy fractional tokenized ownership in a depreciating asset when I can buy stock in the actual company??? 🤔
You don’t have black money? Then don’t watch this video
@@saifalikhan3843😂
S it regulated by SEBI / RBI regulated in India.
Thank you, great podcast, what is the minimum acceptable investment amount in US$?
Thanks for sharing such valuable information! I have a quick question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How should I go about transferring them to Binance?
Do you still want to transfer from OKK to Binance?
what if the ship is no longer in operation, like it catch fire, can the ship only be sold on the blockchain or it can be sold physically, and if it can be sold physically how will it be priced, is it priced at the value of the tokens or at the real value
want to know about Anand!! any information about him ?
Will bring him on the show
@@KaranvirSinghNayyar waiting hardly for that ! 😃🥰
He will be njoying holidays on sea coz he is free from Karan..😂😂
Please share the study mentioned in video where Shipping Investments have mad historical returns of 15-20%
Podcast with orange shots 🥰🇵🇰
Will do
It seems to be a promotional video, Is it Government regulated, Indian Goverment recogonized,..
Karanveer your videos are good but suggest to remove these large no.of ad breaks which affects viewing. Best of luck
Will do
Learnt a lot.
❤️❤️
As we are the owners for 3 barges its not easy to own and maintain a vessel
Can a normal person transition to shipowing with little money in your opinion?
Sir i have a question Which course can I do for merchant navy😊
Check my book an Amazon for more information please 🙏
@KaranvirSinghNayyar sir what is the name of the book that you told
Ship fenix is automatic are manual transmission in present and future
First as always ❤❤
Yes you are!
Please make a video on how to open a MTI
Absolutely
You will love the next guest
@KaranvirSinghNayyar
I am planning to open a MTI but i dont know have expertise regarding this, all i have is DGS circulars and training manuals regarding opening an institute. So i request you kindly make a video on it which should cover all topics as it is not a small thing, it is opening a damn institute in minimum 4.5 hectare area.
A friend of mine bought a cargo ship years ago, he was always buying crazy shit well he had to hire a captain and crew and 2yrs later the ship went missing, the captain stole the ship and he never saw it again
How can we invest. I can find the on playstore.
can yo share the video link you was talking about talking with billinore shipowner in nye please
th-cam.com/video/3TiNEVIuMhU/w-d-xo.htmlsi=n7yHY2o9H4ge_oDq
After so much information, I have only one useful. That is, which product is exported or imported, and its quantity. This information can help me buy a share of that company before it goes high. But this is insider information. Are you sure that sharing this information is legal?
Tip. Improving your English will make the content more attractive, sometimes it’s pretty hard to understanding. It is inconceivable to have a 100% oral content with such a low level of English. The content is amazing, but presentation needs work.
Will definitely consider this point
54:53 you should ask tougher questions about his business
Thank you for the feedback
Will keep in mind
Karanvir bhaiya shipping container ko rent pe lagne se kitne income ho sakta hai mahine ka please btaye
🧡🤍💚🥰 from Akhil 👍🙏🇮🇳
Best way to own a ship is to insure the ship .....clever idea ?
❤❤❤
Is there one real comment in here😅😂
Sir what about ship vlog I'm missing the ship vlog
Next year
Why sir because I want join cruise ship and i want work no navigation bridge sir suiiiiiiiii
@KaranvirSinghNayyar maybe i don't know because I'm still age 20
Thank you sir . This podcast was amazing , we came to know lot about ship owning.
Glad you enjoyed it!
Hello sir, watching your video...till now very nice❤...I had a doubt regarding tolani maritime institute!!
Currently studying in class 12th pcm willing to join merchant Navy through bsc nautical science in Tolani...but i got some power in my eyes around -2...can i join the college for bsc and when i am eligible for Lasik i will do it in my last year??sir another question...do you had any batchmates pursuing bsc nautical science who used to wear spectacles with certain number??
Yes I had batchmates who eventually got the LASIK done during the academy times
@@KaranvirSinghNayyarlike during the course or before joining the college???
It is generally like Reits but for ships but my doubt is who is ship manager accontable to because inspite owners being ruthlessly tough the manager tries to cut costs in every department if there are many fractional owners how can we trust ship manager to be truthful about ship condition
I suppose, the accountability of the ship manager still remains at the UBO. Trust would be built on research as one does for a stock, depending on your investment strategy. Operational efficiency of an asset is the onus of the business. Again, like stocks have due diligence, research well and move with calculated risks.
No one knows better than a seafarer about risk mitigation.
Cheers mate
@@visheshparashar2775 i just dont mean the revenue generation in shorter period it is about life of ship some gets scrapped in 10 years same type of ship built in same yard ran for 20 or more in some cases.i was talking about that i.e will we be able to monitor pms or any other way to check for condition of vessel. also i do feel big owner could use this kinds of platforms to raise money for minor stakes
Atleast REITS Are regulated with effective disclosure
The Maritime Labour Convention is the solution.
Sir this topic is very nice how buy ship but can explain in Hindi pls
Ok next time
Sir please find a guy who shifted from indian navy to merchant Navy
On it
Not regulated am I right 😂
😂LONG LIVE ADANII
Should everything nowadays be called "AI", "Block Chain" and "IoT"? Every second a new scam appears...
How many vessels have been bought using shipfinex??? None
Buy from the "honest" indian😅😅😅😅😅😅
You made an entire episode to promote that guy's business. If it's a paid promotion, you have to mention it openly. Else, there will be legal action against your channel
kisses
Sir please invite merchant navy decomoted jay hind jay bharat jay mataji
He is coming
The age old scam of fractional ownership. 😂😂😂
Normal people cannot afford a ship
That’s why the fractionalisation concept
why dubai based.
This is a just a glorified advertisement. If it provides value I’ll delete the message.
Bhai hindi me kar lete to acha lagta😊
Karaingai
I thought Ron Jeremy was in Prison?
What’s the correlation?
It doesnt smell good to me.
He took very long to explain
Indians … what million dollar ship is there …
Sounds like a scam
Where is this fund adminadstered & which flag does ship sale under.
good day sir during covid not only containers vessels even gas carriers also !!!
Sounds like so scam
Bro your huuuu oky aah iii haaa hhhum is too much make it less it is disturbing and distraction
With this guy explaining blockchain you will not even own a Chaddhi!!!
ciftlikbank
?
Pls google it.