TRACE partners with RightShip

July 28 - TRACE International has partnered with provider of online maritime and environmental management systems, RightShip, to promote commercial transparency in the shipping industry.

heavyliftpfi.com -  News Desk heavyliftpfi.com - News Desk
Tuesday 28 July 2015

In collaboration with RightShip, TRACE has developed a compliance rating (CR) for vessel owners.

The TRACE - RightShip compliance rating will result in greater commercial transparency and reduced risk to charterers, says the anti-bribery organisation.

The compliance rating for each vessel owner will be determined as part of a due diligence process that includes sanctions screening and TRACEcertification anti-bribery review, analysis and approval process. The review will result in one of four possible compliance ratings: CR-1, CR-2, CR-3, and CR-3s.

www.traceinternational.org

www.rightship.com

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