The first asset

A working ship, not an abstract financial product: a Handysize-class bulk carrier earning income from charter contracts.

First asset A bulk carrier with a dark-blue hull enters a European port

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.

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