Business Ambition for 1.5°C: Our Only Future, Says DNV GL
A global movement of companies taking ambitious climate action aligned with limiting global temperature rise to 1.5°C is emerging, states a new report released by the United Nations Global Compact, DNV GL, and Sustainia on the sidelines of the UN Climate Action Summit.87 companies, with a total market capitalization of over US$ 2.3 trillion and annual direct emissions equivalent to 73 coal-fired power plants, have joined the “Business Ambition for 1.5°C — Our Only Future” campaign.
2/3 of Electricity by Solar PV, Wind by 2050
Share of electricity in the final demand energy mix will more than double from today’s level to 40% in 2050, with two thirds of that electricity provided by solar PV and wind, said DNV GL.Electrification will transform how energy is produced and consumed. By midcentury, 40% of final energy demand will be met by electricity (up from 19% in 2017), 63% of which will be generated by solar PV and wind, said the third edition of the Energy Transition Outlook (ETO) by DNV GL.Electrification is also having a dramatic effect on road transport and by 2032 half of new car sales globally will be electric.
DSME, DNV GL Pact for Joint Projects
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) and DNV GL have signed a framework agreement which will see them cooperate on joint development projects (JDPs) for future technologies in the shipbuilding and offshore plant industries.The Norway-headquartered classification society said in a release that the agreement was signed by DSME President & CEO Sung-Geun Lee and DNV GL Group President & CEO Remi Eriksen at the DNV GL headquarters in Høvik.“Through the JDPs with DNV GL…
Nor Shipping Gets Sustainability ISO Certification
Nor-Shipping, a maritime trade fair that has been held in Norway, has been certified as first in maritime industry to ISO’s sustainable event standard (ISO 20121).At the official opening of Nor-Shipping 2019 in the City Hall of Oslo, Group President and CEO of DNV GL Remi Eriksen presented the Sustainable Event ISO 20121 certificate to the director of Nor-Shipping Per Martin Tanggaard and Gunn Helen Hagen, Managing Director, Norges Varemesse.The maritime exhibition Nor-Shipping is one of the leading international meeting places for the shipping industry for the past 50 years.
Lim to Outline Future of Ocean Regs at Nor-Shipping
Kitack Lim, Secretary General of the International Maritime Organization (IMO), will be taking the stage at Nor-Shipping 2019’s Ocean Leadership Conference on June 4, to talk about the future of maritime regulations. Lim will join an elite group of global thought leaders at the Thon Hotel Arena Lillestrøm, adding to a program designed to deliver insights on issues ranging from cyber security, to economic strategy, sustainable development, geopolitical forces, future energy demands, and much more.Nor-Shipping has refined its traditional opening conference this year to create a new format.
Challenges in Decarbonizing Shipping Industry
DNV GL - Maritime has released its second Maritime Forecast to 2050, part of a suite of Energy Transition Outlook (ETO) reports launched today in London. The Forecast provides an independent forecast of the maritime energy future and examines how the energy transition will affect the shipping industry.“The energy transition is undeniable,” says Remi Eriksen, Group President and CEO of DNV GL. “Last year, more gigawatts of renewable energy were added than those from fossil fuels and this is reflected in where lenders are putting their money.”Following on from the 2017 report…
Maritime Thought Leadership: Remi Eriksen, DNV GL
Remi Eriksen, Group President and CEO of DNV GL, has been on the job for nearly three years, taking over at arguably one of the more challenging and pivotal times in maritime history. We met with Eriksen recently in Athens, Greece, for his insights on the markets and DNV GL’s position going forward.While Remi Eriksen’s tenure at the top of DNV GL has coincided almost perfectly with one of the maritime industry’s deepest and longest slumps, he said that there is the proverbial light at the end of the tunnel, with a small pick up in shipbuilding year-on-year since 2016.
DNV GL: Classification More Relevant than Ever
In an increasingly complex, fast changing, and challenging market, the role of the classification society is more relevant than ever, said Knut Ørbeck-Nilssen, CEO of DNV GL – Maritime, at a press conference ahead of Posidonia trade fair in Athens. Class enables innovation in shipbuilding, guides owners and operators through a demanding regulatory landscape, and helps the industry tackle cyber-crime, he underlined.Leading off the press conference, DNV GL Group President & CEO Remi Eriksen explained that two megatrends are impacting the maritime industry: decarbonization and digitalization.
DNV GL Invests in Public Blockchain Service Provider VeChain
DNV GL, the risk management and quality assurance company, has bought a stake in leading public blockchain service provider VeChain as it looks to use the technology to develop new digital assurance solutions. The acquisition builds on the strong relationship between the two firms and follows the recent launch of My Story, a blockchain enabled digital assurance product which gives a new level of insight into supplier and product information. DNV GL took the step to buy the minority stake as it recognises the growth potential in both the VeChain and the technology it is advancing.
DNV GL Hires Bendrik as Chief Digital Transformation Officer
Klas Bendrik will join DNV GL September 1 as Chief Digital Transformation Officer to support DNV GL’s digitalization and IT strategy. Bendrik will be based at the DNV GL headquarters in Høvik, Norway and will be a member of DNV GL Group’s Executive Committee and report to Group President and CEO Remi Eriksen.“Digitalization is central to our strategy. DNV GL invests 5 percent of its revenue on research, development and innovation, and now more than 60 percent of this is dedicated to our digital transformation,” Eriksen said.
DNV GL Boosts Investment in 3D Printing
The new center, which is supported by the Singapore Economic Development Board (EDB), will focus on developing competence including qualification, certification and training for additive manufacturing (AM), also known as 3D printing. While AM is raising more and more interest in various industries, as the benefits of speed and cost against traditional product manufacturing become apparent, the adoption level in the O&M sector is still low due to challenges in qualification and certification.
DNV GL Publishes 2050 Maritime Forecast Report
A transitioning energy industry will change the shape of shipping, but not its importance to the global economy, says DNV GL. In its recently published Maritime Forecast to 2050, DNV GL analyzes a changing global energy system’s impact on the shipping industry through to 2050, exploring how factors such as expected shifts in energy production and demand, GDP growth, industrial production and regional manufacturing might affect the maritime industry and individual ship segments.
Det Norske Veritas is DNV GL's Majority Owner Now
The Foundation Det Norske Veritas (DNV) assumes full ownership of DNV GL and remains committed to Maritime headquarters in Hamburg. Stiftelsen Det Norske Veritas (The Foundation) and Mayfair announce the sale of Mayfair’s 36.5% shares in DNV GL Group AS to DNV Holding AS. The agreement regarding the leading quality assurance and risk management company DNV GL was signed on 8 December 2017. In 2012, Stiftelsen Det Norske Veritas and Mayfair agreed to build a global quality assurance…
DNV GL, MPA to Research Autonomous Shipping Systems
A memorandum of understanding (MOU) to promote research and development (R&D) and innovation in the maritime industry was renewed between DNV GL and the Maritime and Port Authority of Singapore (MPA). Given the growing need to create safer and more efficient solutions for the maritime industry, this renewed MOU will have an expanded scope to include the R&D of intelligent shipping systems. • Intelligent shipping systems such as autonomous vessels and drones for maritime purposes, or the use of data analytics to create robust and optimal shipping solutions.
MPA Expands MOU with DNV GL
A memorandum of understanding to promote research and development (R&D) and innovation in the maritime industry was renewed between DNV GL and the Maritime and Port Authority of Singapore (MPA). Given the growing need to create safer and more efficient solutions for the maritime industry, this renewed MOU will have an expanded scope to include the R&D of intelligent shipping systems. Intelligent shipping systems such as autonomous vessels and drones for maritime purposes, or the use of data analytics to create robust and optimal shipping solutions.
DNV GL’s New Veracity Industry Platform Unlocks Potential of Big Data
DNV GL is launching a new industry data platform – “Veracity” – to help the maritime industry improve its profitability and explore new business models through digitalization. The Veracity industry data platform is designed to help companies improve data quality and manage the ownership, security, sharing and use of data. By creating frictionless connections between data owners and users, the platform will create new opportunities for improving ship performance and safety, while at the same time reducing operational costs.
DNV GL at Nor-Shipping: Digitalization & Environmental Compliance
DNV GL will be presenting modern classification solutions, focusing on digitalization and environmental compliance at this year’s Nor-Shipping trade fair in Oslo, May 30 to June 2. The classification society will kick off the week with the DNV GL Conference, which takes place Monday, May 29, a day before the trade fair officially opens, from 11:00–15:30 in the Felix Conference Centre in Oslo, Aker Brygge. With a focus on emissions regulations, DNV GL experts and industry stakeholders…
DNV GL Focus on Digitalization at Nor-Shipping
DNV GL held it’s traditional press conference at the Nor-Shipping trade fair today. This year, the event took place on the Vision of the Fjords, a DNV GL-classed carbon fiber hybrid ferry. The content showcased DNV GL’s innovative vision, with attendees taking part in a virtual reality (VR) presentation, which showed how DNV GL is pushing ahead with a digital transformation to improve the quality and efficiency of its services, as well as the emerging solutions which will take class into the future.
Partners to Establish Digital Platform to Create Future Ships
Rolls-Royce, The Norwegian University of Technology Science (NTNU), research organization SINTEF Ocean and classification society DNV GL have signed a memorandum of understanding (MoU) with the aim of creating an open source digital platform for use in the development of new ships. The platform will allow the creation of so called “digital twins”. A digital twin is a digital copy of a real ship, including its systems, that synthesizes the information available about the ship in a digital world.
Certifying Spaceship Earth
Former DNV GL President and CEO, Henrik O. Madsen has presented UN Secretary-General António Guterres with a testimonial attesting to DNV GL's assessment of the UN Sustainable Development Goals (SDGs) at the UN Headquarters in New York this week. The presentation took place during a Board meeting of UN Global Compact, the world's largest corporate sustainability initiative, with over 9000 member companies. The Future of Spaceship Earth report is DNV GL's long term forecast of the state of our planet in 2050.
Hovem Named CEO of DNV GL Oil & Gas
Liv Hovem will step in as CEO of DNV GL’s Oil & Gas business area from January 1, 2018. She will be based at the DNV GL – Oil & Gas headquarters in Høvik, Norway as a member of the DNV GL Group's Executive Committee reporting to Group President and CEO Remi Eriksen. Hovem succeeds Elisabeth Tørstad, who has been appointed CEO of DNV GL’s new Digital Solutions business area. Hovem has been with DNV GL since 1988, most recently as Regional Manager for Continental Europe, the Middle East and India in DNV GL’s Oil & Gas business.
DNV GL Creates Digital Solutions Organization
DNV GL announced it is creating a specialized Digital Solutions organization that will set out to capture the opportunities that lie in data sharing, advanced analytics, automation, and machine learning as well as addressing challenges related to data quality and security. Elisabeth Heggelund Tørstad will leave her post as CEO for DNV GL’s Oil & Gas business to head the new Digital Solutions business, which will consist of 1,000 digital experts. She will be based at DNV GL headquarters in Høvik, Norway as a member of the Executive Committee for the DNV GL Group.
Bahri Data, DNV GL Co-Develop Prototype
Innovative prototype provides data-driven insights to enable improved safety and quality decisions while enhancing operations for all maritime industry stakeholders. Bahri Data, one of the six business units within Bahri, a global leader in transportation and logistics, and DNV GL recently showcased their co-developed prototype, which helps make safety and quality decisions with deeper insights, and makes operations simpler for all stakeholders involved, be it owners, vessel operators, charterers, port authority operators, and regulators.