Mitigating Risks:
Marine Operations Risk Mitigation
We have a steering committee comprised of seasoned indutry leaders within the maritime shipping industry. Our committee is made up of experts of differing verticals within the overall industry such as, dy-bulk, chemical tanker, off-shore vessel, vessel S&P and maritime strategy. As such strategic decisions are made with the guidance of specialists and our leadership.
Furthermore our technical partner Kaptanoglu Shipping is a seasoned industry leader with over 120 years of shipping experience, as such we are well equipped to handle any kind of operational troubleshooting. All operational risk tied to vessel operations is handled by established insurance companies specializing in maritime trade.
Insurance and/or Oversight:
- P&I
P&I Insurance, short for Protection and Indemnity Insurance, is a type of marine insurance specifically designed to cover various third-party liabilities encountered by ship owners and operators.
- Leading P&I insurers in this space are:
****UK Club P&I, Skuld P&I, West of England P&I, Britannia P&I Club, Standard P&I
- H&M
Hull and Machinery insurance, is a type of marine insurance designed to cover physical damage to a ship or vessel and its essential machinery.
- Underwriters of such insurance are:
****Amphitrite, Gard, Beazley
- CLASS
Class in shipping refers to a classification society or ship classification, which is an organization that establishes and maintains technical standards for the construction and operation of ships and offshore structures.
- Examples of IACS member classification societies are:
Trading Risk Mitigation
Our biggest priority is protecting our users’ interests. As such;
- We employ strict KYC AML protocols in order to ensure that all users on the platform are approved to hold commercial marine vessel ownership.
- Our security protocols do not allow the token to be sold to an un-approved wallet. This way we ensure that none of the vessel’s tokens can be transferred to a person who is not KYC’d and whose wallet has not been approved.
- We allow our investors to perform trading via our Defi switch using the liquidity on our ERC-20 pools.
Governance and Decision-Making:
Structure of decision-making processes that protect user interests.
- Alignment of Interests:
- To ensure long-term alignment with our investors, the platform retains a 10% equity share in every asset launched. This 10% is dedicated to seeding a liquidity pool for each vessel token. This liquidity provision enables investors to trade their tokens with immediate settlement and without any lock-up periods, fostering trust and flexibility in secondary market participation.
- Marine Operations:
- The Fractalized Shipping Subsidiary sits above the one-ship companies (SPVs) and is responsible for governance decisions on the assets’ operations and strategy.
- This way we ensure that our expert steering committee and maritime operations team can give the best decisions to maximize benefits for the beneficiaries (token holders) of the SPVs.
- These strategic decisions include selecting commercial contracts, technical management, and sales and purchase times of each vessel.
- Long-term Strategic Decisions:
- Long-term strategic decision making is done by the leadership in consultation with the steering committee.
- The leadership team is well-equipped to make the best moves going forward for Fractalized.
- Founding team is comprised of experts with multiple successful businesses under their belt, an IPO, and decades of experience in cross-border business development, finance, technology development and advisory services.development and advisory services.