TOKENIZED MARITIME FLEET

Tokenized Fleet of Ships.

$OST is a single, closed-end token backed by a diversified ship fleet. Its value tracks the fleet's NAV, set by the shipping market, not us. Not a deed to any ship.

~$2.6T
global fleet by 2030
1 token
the whole fleet
Closed-end
no run risk
Market NAV
independently set
The problem

Shipping moves 80% of world trade, yet it's one of the least accessible asset classes.

  • Vessels cost tens of millions, so smaller investors are locked out.
  • Positions are illiquid and opaque.
  • Token-first projects with no assets or NAV beneath them collapsed.
The solution

One transparent token that represents a diversified, operating fleet.

Asset-first and proof-first. Investors get pro-rata exposure to the fleet's market NAV, run by established maritime operators, with value set by the market and computed by independent parties.

How it works

Built to be trusted

One token, a whole fleet

$OST is a single token backed by the market NAV of a diversified fleet of tankers, bulk, and other tonnage. Diversification is built in.

NAV set by the market, not by us

Vessel values come from an independent broker panel (an expert S&P broker plus VesselsValue) and an independent administrator. The operator, the valuer and the administrator are separate parties.

Closed-end, no run risk

Capital stays in the ships. You exit by selling to another eligible investor, not by forcing a liquidation. No liquidity mismatch.

Transparent and honest

Live NAV and proof-of-reserves. Profit is retained into NAV: no dividend, no staking; value compounds into the token rather than being paid out. We disclose the full cycle, including the downside.

The fleet

A diversified mandate

A target allocation by market NAV, a diversification mandate the fleet grows into over time.

Tanker 50%MR product/crude + LPG gas carriers
Bulk 30%Ultramax dry bulk
Others 20%Container / roro / offshore

Sourcing & valuation

An established S&P shipbroker (operating since 1997) handles sourcing and cycle-timing, and holds the expert seat on the independent valuation panel.

Operations

An experienced third-party ship manager runs technical & commercial management and chartering across the fleet.

Segment market

One token, three cycles

Blended $OST NAV
1.16 +3.1% QoQ

$OST is a single, diversified token. Tankers, bulk, and other tonnage run on different cycles: when one softens another often firms, so the blended NAV is smoother than any one segment. Tap a segment to see its pull on $OST. Illustrative (Base scenario) until the administrator publishes per-segment NAV.

Ownership

What you actually own

$OST is backed by the fleet, not a deed to any single ship. Here is the chain, end to end.

01
You hold $OST
A NAV-linked token backed pro-rata by the fleet, freely priced and transferable once vested.
02
The Ostris structure
A closed-end issuer (BVI). Your $OST tracks the value it holds.
03
Marshall Islands SPVs
One ring-fenced company per vessel. The structure owns the SPVs.
04
The vessels
Each ship's legal title sits inside its own SPV, never with you directly.
The key point

You hold a token backed pro-rata by the fleet's NAV. You do not hold any ship's title; each vessel's title sits inside its own Marshall Islands SPV. That separation is exactly what keeps your position liquid, diversified, and bankruptcy-remote.

Pro-rata

Your share tracks the fleet's market NAV, not one ship's fortunes.

Bankruptcy-remote

One vessel, one SPV. A problem on one ship is ring-fenced from the rest.

Diversified

A single token spreads you across tankers, bulk, and other tonnage.

Honest by design

We show the downside too

$OST starts at $1.00. Shipping is cyclical, so the token can lose value in a weak market, and we show that openly. Illustrative, market-calibrated, 5-year projections:

$OST scenarios
Weak · down-cycle
−25%
Base · normalized
+16%
Strong · current spot
+67%

Illustrative only, not a forecast. See disclaimer.

Liquidity

Closed-end, by design

The capital is in the ships and stays there, like a listed shipping company or a REIT. You exit by selling $OST to another eligible investor; the structure is never forced to cash you out. NAV is set by the ship market and is immune to token selling.

Downside is defended near NAV by a market maker, live transparency, and an accretive, gated buyback, funded by surplus, never a forced redemption.

Value flow
Charter profit → retained into NAV → $OST price ↑
Fees: 2% mgmt + 20% perf (high-water mark) → team
No dividend · No forced redemption · Vesting on primary

Enter the investor portal

Ostris is offered to eligible investors under applicable exemptions. Enter your email and we'll send a secure sign-in link. Inside, review the fleet, verify (KYC), and subscribe.