GDPR in shipping: Roadmap to compliance in 10 essential steps

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GDPR in shipping: Roadmap to compliance in 10 essential steps
The European General Data Protection Regulation (GDPR) comes into full effect on 25 May 2018.

Designed to increase protection of individuals’ rights and freedoms, GDPR has strengthened privacy rules, thus increasing the companies’ privacy obligations. Stakes are high as administrative fines can reach Euro 20 million or 4% of an organisation’s global turnover (whichever is greater), but the true cost in the case of a severe data breach is obviously the loss of reputation and potential claims.