Assentiri provide escrow and closing services for maritime asset transactions.
Assentiri provides an escrow service together with regulated partners that hold and pay out the funds whereas Assentiri manages the transaction making use of our digital platform.
Assentiri will ensure simultaneous completion of the transaction by dating the release letters and timing the protocol of delivery and acceptance. We have developed a virtual closing room hosted in Teams to support this part of our service.
The escrow funds will be held either in OCBC in Singapore or DNB in Norway.
The escrow funds are covered by the indemnity insurance taken out by our local partner’s which is SGD 52 million for Haridass Ho and NOK 15 million for VA Finance.
Assentiri has taken the approach to co-operate with certain existing escrow agents and deliver the service together with them. One of our partners will be the escrow agent on record and Assentiri manages the transaction on their behalf.
We charge a flat fee of USD 10,000 (normally split between sellers and buyers). This includes escrow, closing services and platform access for all stakeholders in a transaction.

What our customers say

"As a licensed asset manager we take great care to ensure that our transactions are handled in the best possible way. Assentiri gives us comfort that the funds are managed securely. We are also very satisfied with their proactive service and willingness to adapt to the needs of the transaction."

- NRP Maritime Asset Management
"Assentiri's robust closing procedure has ensured secure maritime asset transaction for Atlantica Shipping. Their neutral third-party role in handling funds and delivery documents provides comfort to all stakeholders, whereas the efficient KYC process eliminates many traditional points of friction."

— Robert Vargum, Partner at Atlantica Shipping
"Assentiri is a trusted partner for sale and purchase transactions giving us peace of mind that the funds and delivery documents are safely handled. We highly appreciate their digital approach which simplifies the process and enables secure sharing of sensitive information. Their rigorous KYC process also ensures that we stay compliant in an increasingly complex environment."

— Tom Atle Pedersen, CFO of Seatrans Group
“Assentiri’s quick and efficient escrow service helps us as brokers to close deals. In a time-sensitive transaction, Assentiri managed to complete the KYC process in less than two days. From the payment of the deposit until delivery, Assentiri is very accessible, provides consistent updates and maintains a high level of service.“

— Morten Seeberg, Managing Partner of SeaLeague

"As a licensed asset manager we take great care to ensure that our transactions are handled in the best possible way. Assentiri gives us comfort that the funds are managed securely. We are also very satisfied with their proactive service and willingness to adapt to the needs of the transaction."