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Baltic Exchange launches escrow service and container index

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The organisation would also tap the expertise of the SGX in onboarding companies and conducting “know your customer” (KYC) checks, the process of verifying the identity of clients. “The tie-up with SGX makes it happen,” said Mr Jackson.

THE Baltic Exchange, a London-based subsidiary of the Singapore Exchange (SGX), is launching an escrow service for vessel sales and a global container freight index.

In a separate announcement, it also said it will be introducing a new Baltic Code, a modernised code of conduct for

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