German crowdfunding platform Fintech Marvest has launched its second ship-financing project.

The company said it was seeking investors to raise EUR 350,000 ($394,000) to back the 5,800-dwt general cargoship FL Levante (built 2005).

The vessel appears to have been acquired from Donau HS Schiffahrts by FL Schiffahrt, on whose behalf Marvest is arranging the finance.