DNV GL

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DNV GL AS
Private ownership
Industry Classification society and certification body
Founded 1864
Headquarters Bærum, Norway
Area served
Global
Key people
Henrik O. Madsen (CEO)
Leif-Arne Langøy (Chairman)
Revenue Increase NOK 15,2 billion (2013) [1]
Number of employees
16,000 (2013)[2]
Website www.dnvgl.com

DNV GL is an international certification body and classification society which was created as a result of a high-profile 2013 merger between two leading companies in the field, Det Norske Veritas (Norway) and Germanischer Lloyd (Germany). The company currently has 16,000 employees with headquarters in Oslo, Norway,[3] and is the world's largest classification society with 13,175 vessels and mobile offshore units (MOUs) with a total 265.4 mill gt in its portfolio, which represents a global market share of 21%.[4]

Prior to the merger, both DNV and GL each had acquired several companies such as Garrad Hassan, Noble Denton and KEMA, which specialized in oil & gas, electrification and renewable energy industries. The subsequent DNV GL merger formed a large organization with diverse expertise and widely-recognized authority in technical assurance, certification, and risk management across several industries, most notably in renewable energy, electrification, and marine sector.

The organization today operates around the purpose and vision of "Safeguarding life, property, and the environment", and "Global impact for a safe and sustainable future".

Summary[edit]

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.[5] 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.[6]

On December 20, 2012, the two companies announced the merger,[7] which was approved by competition authorities in South Korea, the USA, the EU and China, thus allowing the merger contract between DNV and GL to be signed on September 12, 2013.

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. Moreover, the company is a key player in several other industries including renewable energy (particularly in wind and solar), oil and gas, electric power generation and distribution, aviation, automotive, finance, food and beverage, healthcare, software and information technology.

DNV GL also invests heavily in research and development, which amounts to 5% of its revenue.[8]

DNV GL Organization[edit]

DNV GL has four business areas and one independent business unit:[9]

  • DNV GL - Maritime classification, verification, risk-management, and technical advisory to the maritime industry on safety, enhanced performance, fuel efficiency, etc. As a classification society, DNV GL sets standards for ships and offshore structures - known as Class Rules. They comprise safety, reliability and environmental requirements that vessels and other offshore mobile structures in international waters must comply with. DNV GL is authorized by 130 maritime administrations to perform certification or verification on their behalf.
  • DNV GL - Oil & Gas technical advisor to the global oil and gas industry, services in technical and marine assurance and advisory, risk management and offshore classification. DNV GL works with upstream oil and gas companies to identify and control risk, improve safety and performance, and assure reliability of a project’s development and operation. The company develops industry standards and best practices through joint industry projects (JIPs), bringing together a number of industry players to address a specific technical challenges. As an example, about 65% of the world’s offshore pipelines are designed and installed to DNV GL’s technical standards.
  • DNV GL - Energy counselling, testing, and certification services to the global energy sector, including: renewable energy, emissions, energy efficiency, power production, transfer, and distribution. DNV GL operates the world’s largest high power and voltage test laboratory, working as an independent, accredited certifier of electricity transmission & distribution components. DNV GL is also the leading independent advisor and certifier to the renewable industry, notably within wind energy.[10] In addition, DNV GL’s energy arm has advisory services in energy efficiency, renewable integration, clean conventional power generation, transmission and distribution grids, energy storage, measurements and cyber security.
  • DNV GL - Business Assurance certification, assessment, training/education that supports customers products, processes, and organization globally over a wide spectrum of fields. DNV GL is an accredited certification body. They certify the compliance of companies according to a third party standard, such as ISO 9001 (quality management system) or ISO 14001 (environmental management system). DNV GL has issued management system certificates to more than 70,000 companies across all industry sectors and is accredited certifier in 80 countries.
  • DNV GL - Software is an independent business unit. DNV GL develops software for maritime design and engineering, strength assessment, risk and reliability, QHSE and asset integrity management. The software is delivered to various industries, including energy, process, maritime, petrochemical, refineries, and healthcare. Within the area of risk and reliability, DNV GL develops quantitative risk analysis (QRA) software.

References[edit]

  1. ^ "DNV GL Annual Report 2103". DNV GL. Retrieved 18 February 2015. 
  2. ^ "DNV GL Annual Report 2103". DNV GL. Retrieved 18 February 2015. 
  3. ^ Smale, Will. "The Norwegian firm that tests the world's ships". bbc.co.uk. BBC. Retrieved 16 February 2015. 
  4. ^ "DNV GL to unveil rules this year". Tanker Operator. Retrieved 16 February 2015. 
  5. ^ Career Opportunities in DNV
  6. ^ "Spotlight on Germanischer Lloyd". Maritime Executive. 2 April 2008. Retrieved 22 February 2015. 
  7. ^ "DNV and Germanischer Lloyd Announce Merger". Forbes. Retrieved 2013-11-06. 
  8. ^ Cheam, Jessica (5 March 2014). "Longevity of a business lies in sustainability". Eco-business.com. Retrieved 18 February 2015. 
  9. ^ "About Us". dnvgl.com. DNV GL. Retrieved 22 February 2015. 
  10. ^ Galbraith, Kate. "A Big Merger Shakes Up Power Services". nytimes.com. New York Times. Retrieved 9 March 2015. 

External links[edit]

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