Why You Need to Look at Statutory Certificates Before Owning Your First Ship
- Chandrama Vishawakarma
- 11 minutes ago
- 3 min read

Before you buy a car, you check its registration and emission rating. Before you buy a house, you review the building compliance reports. But before you own a ship? Most people have no idea what to check.
Ships operate under a complex web of international laws. These laws determine if a ship is even allowed to sail, enter a port, or load cargo. These are your proof of compliance. They're documented in Statutory Certificates, and they're available right there on your Shipfinex platform under the Document tab.
What Are Statutory Certificates, and Why Do They Matter?

Statutory Certificates are the non-negotiable legal documents that prove your ship complies with international maritime law, primarily set by the International Maritime Organization (IMO).
Think of them as the difference between owning a fully-licensed, insured, and road-legal vehicle versus owning a car that can't legally leave the driveway.
On the Shipfinex platform, you'll find these documents organized under the Vessel Certificates section, all verified. Each one serves a specific purpose in proving that your ship is legally allowed to trade worldwide.
Let's break down what you're actually looking at.
The "Pollution Prevention" Certificates (IAPP, IOPC, ISPP)

A large portion of maritime law is designed to protect the oceans. These three certificates are your proof that the ship is compliant, protecting it (and you) from catastrophic liability.
International Air Pollution Prevention Certificate (IAPP): This certifies the ship meets global standards for air emissions, including sulfur oxides (SOx) and nitrogen oxides (NOx).
International Oil Pollution Prevention Certificate (IOPC): This proves the ship has the required equipment and design (like segregated ballast tanks) to prevent oil pollution from its own fuel or engine systems.
International Sewage Pollution Prevention Certificate (ISPP): This certifies the ship has a compliant onboard sewage treatment plant and management system.
The "Operational License" Certificates (IEEC & ILC)

These certificates prove the ship is efficient and safe to operate, which directly impacts its operational and commercial viability.
International Energy Efficiency Certificate (IEEC): This document verifies the ship's energy efficiency and carbon footprint, based on standards like the Energy Efficiency Design Index (EEDI).
International Loadline Certificate (ILC): This certificate defines the ship's maximum safe loading draft—the "Plimsoll line" you see painted on a ship's hull. It dictates exactly how much cargo the ship can safely carry in different water types and seasons.
Why Transparency Matters at Shipfinex

Wouldn't it be simpler to just show you the pretty projections and let you click purchase? Here's why we don't do that.
Traditional maritime ownership has operated in opacity for decades. Small aspiring owners couldn't access quality deal flow because they couldn't conduct the same due diligence that institutional buyers perform. Information asymmetry favored insiders and shut out everyone else.
Shipfinex is built on the opposite principle. We provide institutional-grade documentation to every aspiring owner regardless of their ownership fraction. When you buy Maritime Asset Tokens, you get access to the same Statutory Certificates that a fund manager reviewing a $50 million ship purchase would demand.
This transparency lets you verify the ship's current compliance status, which is the primary defense against costly detentions and a key indicator of its preparedness for evolving regulations. It shows you the operational reality, not just the financial models. It gives you the information you need to make confident ownership decisions.
And frankly, it protects us too. When owners understand what they're buying, they have realistic expectations. They know ships face rigorous inspections. They understand that compliance is non-negotiable. Informed owners are patient owners, and patient capital is smart capital.
The Bottom Line: Documents Help Protect You
We started this newsletter with a simple premise: before you own your first ship, you need to review the Statutory Certificates. Now you know why.
Maritime ownership through Shipfinex is about transparent access to the same information that institutional ship owners use to make billion-dollar fleet decisions. When you open that, you're not just looking at paperwork. You're looking at the ship's fundamental license to operate, the foundation that all revenue is built upon.
So before you own your first ship, take some time. Open the Vessel Certificates section. Review the IAPP. Check the ILC. Understand the IEEC.
That review is your competitive advantage. It's how aspiring owners become informed owners.
Until Next Time,
Team Shipfinex
Disclaimer:
This material is provided for informational purposes only and does not constitute financial, investment, or legal advice. All investments and digital assets carry inherent risks, including potential loss of capital. Past performance is not indicative of future results. Please review the relevant offer and risk disclosures carefully before making any financial decision.


