Glossary

Compliance Assessment

Tags: Glossary

The process of evaluating and ensuring adherence to relevant laws, regulations, and standards in the shipping industry.

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Al Sharqi Shipping is a leader in the logistics industry with more than 30 years of experience in guiding and moving freight across the globe.

What is the process of Compliance Assessment?

Compliance Assessment in the context of shipping refers to the process of evaluating and ensuring adherence to various regulations, laws, and industry standards related to the transportation of goods. Shipping companies, carriers, freight forwarders, and other entities involved in the logistics chain must comply with a range of regulations, including customs laws, security requirements, safety regulations, environmental standards, and trade sanctions. A compliance assessment involves reviewing and verifying documentation, cargo details, packaging, labeling, and other relevant aspects to ensure that all shipments meet the necessary legal and regulatory requirements. Non-compliance can lead to delays, penalties, or even the seizure of goods during transit. 

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