There is no need for shipping to embrace its reputation as an old-fashioned industry. Assentiri is developing new digital solutions combined with structured work processes to support owners, banks, lawyers and brokers in their objectives of closing deals. Join us in bringing shipping transactions into the 21st century.
Simple, efficient and secure maritime asset transactions
Escrow and Closing Services
Shipping transactions involve large sums of money changing hands between parties, often without existing business relations. A trusted middle man is therefore a vital component of a successful closing.
Assentiri acts as escrow agent for the parties in shipping transactions holding the purchase price and other sums payable in escrow. We also hold delivery documents in escrow and assist with the closing mechanism of the transaction, and have established procedures for this purpose.
Assentiri takes a pro-active approach to our services. We work with customers to streamline “know your customer” (KYC) procedures to ensure that the parties clear KYC as soon as possible. We can also tailor-make release mechanisms that safeguard the interests of all stakeholders and facilitate a smooth closing.
Our escrow services are supported by digital solutions delivered through our own digital platform the Assentiri portal.
The Assentiri Escrow Process
Digital Closing Solutions
While closing meetings in the shipping industry have gone virtual, work processes and closing procedures remain manual and unstructured. Assentiri is therefore developing digital solutions to streamline processes and support the modern way of doing business in the marine industry.