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DNV

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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DNV GL AS
Company typePrivate ownership
IndustryClassification society and certification body
Founded1864
HeadquartersBærum, Norway
Area served
Global
Key people
Henrik O. Madsen (CEO)
Leif-Arne Langøy (Chairman)
RevenueIncrease NOK 15,2 billion (2013) [1]
Number of employees
16,000 (2013)[2]
Websitewww.dnvgl.com

DNV GL is an international certification body and international ship and offshore classification society, with main locations in Norway and Germany. DNV GL is the result of the 2013 merger between DNV (Det Norske Veritas) and Germanischer Lloyd. The merged company has 16,000 employees.[3] DNV GL operates in various different industries, with a focus on testing, certification, technical assurance and risk management.

Every year, 5% of DNV GL revenue is invested in research and development.[4]

Prior to the merger, both DNV and GL had acquired companies within oil and gas, power and renewable energy, such as Garrad Hassan, Noble Denton and KEMA. They are now part of DNV GL.

DNV GL has 13,175 vessels and mobile offshore units (MOUs) in its portfolio, totalling 265.4 mill gt, which represents a market share of 21%. This makes it the world's largest classification society.[5]

The DNV Foundation owns 63.5% of DNV GL shares and Mayfair Vermögensverwaltung owns 36.5%. The DNV Foundation is a non-profit organization.

DNV GL Summary

DNV GL has the objective of "Safeguarding life, property, and the environment". The organization's history goes back to 1864, when the Det Norske Veritas was established in Norway to inspect and evaluate the technical condition of Norwegian merchant vessels.[6] Germanischer Lloyd was founded in Hamburg in 1867 by a group of 600 ship owners, ship builders and insurers.[7]

DNV GL describes itself as a provider of services for managing risk.

Together with Bureau Veritas and American Bureau of Shipping, DNV GL is one of the three major companies in the classification society business. DNV GL has its headquarters in Høvik, Bærum, just outside Oslo, Norway. It has 300 offices in 100 countries. Important industries where the company operates include shipping, oil and gas, energy (including wind and solar), aviation, automotive, finance, food, health care and information technology.

DNV GL was retained by the United States to investigate the cause of the Deepwater Horizon oil spill.[8]

On December 20, 2012, DNV and Germanischer Lloyd announced the merger.[9]

The merger was approved by competition authorities in South Korea, the USA, the EU and China, allowing the merger contract between DNV and GL to be signed September 12, 2013.

DNV GL Organization

DNV GL has four business areas and one independent business unit:[10]

  • 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.[11] 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

  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. ^ Cheam, Jessica (5 March 2014). "Longevity of a business lies in sustainability". Eco-business.com. Retrieved 18 February 2015.
  5. ^ "DNV GL to unveil rules this year". Tanker Operator. Retrieved 16 February 2015.
  6. ^ Career Opportunities in DNV
  7. ^ "Spotlight on Germanischer Lloyd". Maritime Executive. 2 April 2008. Retrieved 22 February 2015.
  8. ^ "DNV report on Deepwater Horizon BOP concluded". Dnv.com. Retrieved 2013-11-06.
  9. ^ "DNV and Germanischer Lloyd Announce Merger". Forbes. Retrieved 2013-11-06.
  10. ^ "About Us". dnvgl.com. DNV GL. Retrieved 22 February 2015.
  11. ^ Galbraith, Kate. "A Big Merger Shakes Up Power Services". nytimes.com. New York Times. Retrieved 9 March 2015.

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

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