DNV GL

DNV GL AS
Aksjeselskap
Industry Various
Founded 1864
Headquarters Bærum - Oslo, Norway
Area served
 Global
Key people
 Remi Eriksen (CEO)
Leif-Arne Langøy (Chairman)
Revenue Increase NOK 21.6 billion (2014) [1]
Number of employees
 15,712 (2014)[2]
Website www.dnvgl.com

DNV GL is an international certification body and classification society with main expertise in technical assessment, advisory, and risk management. It was created in 2013 as a result of a merger between two leading organizations in the field - Det Norske Veritas (Norway) and Germanischer Lloyd (Germany).

DNV GL is the world's largest classification society with 13,175 vessels and mobile offshore units (MOUs) amounting to 265.4 mill gt in its portfolio, which represents a global market share of 21%.[3] The organization is also a reference in renewable, alternative and conventional energy. It is the world's largest technical consultancy to onshore and offshore wind, wave, tidal, and solar industries, as well as the global oil & gas industry - 65% of the world’s offshore pipelines are designed and installed to DNV GL’s technical standards.

Prior to this merger, both DNV and GL had acquired several companies such as Hélimax Energy (Canada), Garrad Hassan (UK), Windtest (Germany), and KEMA (Netherlands), which have contributed to expanding DNV GL's current capacity to offer its expertise across several industries, most notably in renewable energy, maritime, oil & gas, electrification, and business assurance. In addition to providing services, it also invests heavily in research and development.

The company currently has 16,000 employees with headquarters in Oslo, Norway,[4] and operates with the vision "Global Impact for a Safe and Sustainable Future".

Remi Eriksen took over as Group President and CEO of DNV GL on August 1, 2015, succeeding Henrik O. Madsen.[5]

Summary

DNV GL's history dates back to 1864, when Det Norske Veritas was established in Norway to head technical inspection and evaluation of Norwegian merchant vessels.[6] On the other hand, Germanischer Lloyd was founded in Hamburg around the same period in 1867 by a group of 600 ship owners, ship builders and insurers.[7] DNV GL celebrated its 150th anniversary in 2014.[8]

On December 20, 2012, the two companies announced the merger,[9] which was approved by competition authorities in South Korea, the USA, the EU[10] and China, thus allowing the merger contract between DNV and GL to be signed on September 12, 2013. The independent Det Norske Veritas Foundation owns 63.5% of DNV GL shares and Mayfair Vermögensverwaltung owns 36.5%.

Together with Bureau Veritas and American Bureau of Shipping, DNV GL is one of the three major companies in the classification business with 300 offices in 100 different countries. But the company is also a key player in strategic innovation and risk management for several other industries including renewable energy (particularly in wind and solar), oil and gas, electric power generation and distribution, petrochemicals, aviation, automotives, finance, food and beverage, healthcare, software and information technology.

Research

Every year, DNV GL invests heavily in R&D which amounts to 5% of its total revenue.[11] Since 1864, DNV GL has always maintained a department dedicated to research that enhances and develops services, rules and standards for various industries. Many of the innovations and findings by DNV have often been used as a basis for international standards.

At present, the main research programs include arctic operations, biological hazards, future energy solutions, technology and information processes, maritime technology and transport systems, as well as multifunctional materials.

DNV GL Organization

DNV GL has four business divisions and one independent business unit:[12]

Standards & Regulations

DNV GL provide a list of standards and regulations to the public.

List of regulations:

References

  1. ↑ "DNV GL Annual Report 2014". DNV GL. Retrieved 14 August 2015.
  2. ↑ "DNV GL Annual Report 2014". DNV GL. Retrieved 14 August 2015.
  3. ↑ "DNV GL to unveil rules this year". Tanker Operator. Retrieved 16 February 2015.
  4. ↑ Smale, Will. "The Norwegian firm that tests the world's ships". bbc.co.uk. BBC. Retrieved 16 February 2015.
  5. ↑ http://www.maritime-executive.com/article/remi-eriksen-proud-and-confident
  6. ↑ Career Opportunities in DNV
  7. ↑ "Spotlight on Germanischer Lloyd". Maritime Executive. 2 April 2008. Retrieved 22 February 2015.
  8. ↑ http://www.bbc.co.uk/news/business-30492838 BBC News - The Norwegian firm that tests the world's ships
  9. ↑ "DNV and Germanischer Lloyd Announce Merger". Forbes. Retrieved 2013-11-06.
  10. ↑ Almunia, Joaquín (2013-07-15). "Case No COMP/M.6885 - SDNV/ GERMANISCHER LLOYD" (PDF). Office for Publications of the European Union.
  11. ↑ Cheam, Jessica (5 March 2014). "Longevity of a business lies in sustainability". Eco-business.com. Retrieved 18 February 2015.
  12. ↑ "About Us". dnvgl.com. DNV GL. Retrieved 22 February 2015.
  13. ↑ Galbraith, Kate. "A Big Merger Shakes Up Power Services". nytimes.com. New York Times. Retrieved 9 March 2015.
  14. ↑ http://dnvglhealthcare.com/

External links

Coordinates: 59°53′16.84″N 10°33′45.83″E / 59.8880111°N 10.5627306°E / 59.8880111; 10.5627306

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