The first asset
A working ship, not an abstract financial product: a Handysize-class bulk carrier earning income from charter contracts.
The first OwnX asset is a working ship of steel: a bulk carrier of the “Handysize” class, the smaller, versatile size that moves raw materials like grain, ore or coal across the world's oceans. Its income comes from charter contracts: shipping companies pay for it to move their cargo.
You don't own a number on a screen, but a share of a concrete, named asset — with everything that comes with it: value, income and risk.
- Type
- Bulk carrier (Handysize)
- Use
- Time charter (leased for a period)
- Income
- From charter contracts
- Target return (IRR)
- 8% p.a. · target, not guaranteed
- Minimum stake
- €1,000
Illustrative depiction. The actual first asset will be published, with all data, contracts and costs, before closing.
Before closing, we will publish
- The specific ship with name, build year and technical data
- The charter contracts and the calculation behind the 8% p.a. (IRR) target return
- Every fee and the complete legal structure
- All risks in the statutory key information document (PRIIPs KID)
The details on this page are illustrative until the first asset is published in full.