Shipfinex

Capt. Vikas Pandey, Founder and Chief Executive Officer, Shipfinex Today ADI Chain and Shipfinex announced that we have entered an exclusive partnership to establish the first regulated, institutional-grade tokenized maritime asset class. This post is a plain walkthrough of what that sentence means, what sits behind it, and what does not yet exist. I spent most of my working lif...

Key Takeaways An FSRU does everything an onshore LNG terminal does, from a vessel. It receives LNG by ship-to-ship transfer, stores it in cryogenic tanks, converts it back to gas, and delivers it to a pipeline. That's the whole function: import, store, regasify, deliver. Speed and cost favor FSRUs at small to mid-scale. A newbuild costs under $300 million and reaches first gas i...

ADI Chain will provide the blockchain, distribution and dirham-denominated stablecoin settlement infrastructure for maritime real-world assets Maritime Asset Tokens developed under the partnership will be available exclusively on ADI Chain Shipfinex brings an initial pipeline of around 35 vessels valued at approximately US$500 million. The partnership addresses a commercial flee...

Key Takeaways Fundamentally Different Interests: Freight insurance protects a carrier’s or forwarder’s revenue (the income stream from transporting goods). Cargo insurance protects the shipper’s physical merchandise (the value of the goods themselves). They are completely separate policies. The Hague-Visby Trap: Carriers have a strict legal liability cap (approximately USD 2.70 ...

Key Takeaways on Marine Cargo Insurance The Institute Cargo Clauses (ICC): The globally accepted framework for marine cargo insurance is divided into three tiers. ICC(A) offers "all risks" coverage, ICC(B) covers broad named perils, and ICC(C) provides minimum cover for major catastrophic events (like fires or sinkings). The ICC(C) Cost Trap: Choosing ICC(C) to save on premiums ...