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Baltic Exchange launches escrow service and container index

Mark Jackson.jpg
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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