The enterprise-wide risk assessment requires business units to review supply chain risks. This approach to identification, analysis and assessment of risks ensures they are managed, controlled, and monitored. This process considers a broad spectrum of risks, including those relating to compliance, hazard, control & opportunity. The causes and the consequences of each risk are considered and, where appropriate, linked to strategic and tactical objectives. Identify the compliance risk of a shipping company and follow the steps provide above, identification, analysis and assessment of the risk.