Built on XRP Ledger

Turn Shipping Voyages into Bankable Transactions

Track real charter payments and vessel activity to build credit and unlock fast, short-term liquidity for shipowners.

Verified Transactions

On-chain proof

Short-term Liquidity

Voyage-based

MV Pacific Meridian

Singapore → Rotterdam

In Transit
Voyage Progress42%

Departure Confirmed

712,500 RLUSD released

25%

Suez Canal Transit

Pending verification

25%

Charter Value

2,850,000

RLUSD

Credit Score

847

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The Problem

Maritime operations are cash-flow heavy,
but hard to finance.

High Upfront Costs

Shipowners bear significant operational costs—fuel, crew, port fees—before receiving any payment from charterers.

Slow & Fragmented Payments

Charter payments are slow, fragmented across multiple parties, and lack transparency throughout the voyage lifecycle.

Balance Sheet Focus

Traditional financing evaluates company balance sheets, not the real work done. Good operators with thin margins get overlooked.

Our Solution

We finance verified work, not promises.

Our platform tracks charter transactions, vessel movements, and payment milestones to create a verifiable transaction history. This data builds a credit profile that enables fast, short-term financing tied to each voyage.

Verified Transaction History

Every charter payment and milestone is recorded on-chain, creating an immutable record of completed work.

Dynamic Credit Building

Your credit score grows with each successful voyage. Better history means better financing terms.

Voyage-Based Liquidity

Access working capital tied to specific voyages, not long-term debt that burdens your balance sheet.

Credit Profile

847

Excellent

Completed Voyages24
On-time Payment Rate98.5%
Total Transaction Volume$42.8M
How It Works

Three steps to liquidity

01

Transaction Recorded

Shipowners initiate charter transactions. Key milestones and documents are verified through trusted data sources.

02

Credit Built

Every completed transaction strengthens the shipowner's on-chain credit history, unlocking better terms over time.

03

Liquidity Unlocked

Approved voyages can access short-term capital. Investors are repaid directly from charter payments.

Trust & Control

Designed for predictability, not speculation.

Voyage-Tied Loans

Each loan is tied to a specific voyage with clear milestones and repayment terms.

Milestone Verification

Capital released only after verified milestones—departure, transit checkpoints, arrival.

Clear Waterfall

Transparent responsibility and repayment structure. Everyone knows their position.

Isolated Defaults

Defaults impact individual credit, not the entire system. Risk is contained.

Who It's For

Built for every stakeholder

Shipowners

Access liquidity without long-term debt. Get working capital based on verified voyage activity, not just your balance sheet.

  • Working capital per voyage
  • Build on-chain credit
  • No long-term debt

Charterers

Pay through a transparent, auditable process. Milestone-based escrow ensures you only pay for verified progress.

  • Transparent payments
  • Milestone verification
  • Escrow protection

Investors

Earn yield from short-duration, transaction-backed financing. Clear risk profiles tied to individual voyages.

  • Short-term yield
  • Transaction-backed
  • Diversified exposure

Powered by

XRP Ledger

Built on the XRP Ledger with RLUSD stablecoin, escrow logic, and decentralized identity primitives.

R

RLUSD

Escrow

DID

Ready to transform maritime finance?

Explore the transaction layer that turns shipping voyages into bankable, verifiable assets.