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DNV GL celebrates first year of operation

LNG Industry,

DNV GL has celebrated enhancing operational efficiency, improving safety, and smarter data at the 2014 SMM trade fair.

Tor E. Svensen, CEO of DNV GL Maritime, showed how DNV GL is working to modernise class and support its customers in reducing accidents and improving sustainability, while at the same time reducing the operational costs. He also looked at some of innovative new projects and research underway at DNV GL, especially the growing trend toward LNG ready vessels and the increasing use of a diverse range of alternative fuels.

One year on

SMM marked the first full year of operation for DNV GL, having launched officially on 12 September 2013. Commenting on the merger, Svensen explained that the financial performance of both the Maritime unit and the Group as a whole had been very strong over the past year, a positive sign of the continued confidence that customers had in DNV GL.

Svensen said that DNV GL will continue to focus on its core classification business as it recognised that the industry was still going through challenging times and needed the support of a competent class society. Moving ahead, Svensen said that DNV GL would continue to build on its strong focus on research and innovation, and on developing an even stronger technical support network.

LNG ship fuel

The trend toward LNG as a ship fuel continues, explained Svensen, with an order book that has shifted from a strong Norwegian focus to a more global mix. DNV GL has pioneered LNG as a ship fuel for over ten years, and the industry’s recognition of its expertise as a class in this field was reflected in the order intake.

There was also an increasing trend toward LNG Ready and a larger variety of alternative fuels were being explored, including ethane, battery and hybrid vessels.

During SMM 2014, DNV GL will present Hyundai Heavy Industries (HHI) and the United Arab Shipping Company (UASC) with the first ever LNG Ready Approval in Principle for a true mega box ship – the series of eleven 14500 TEU and seven 18800 TEU currently under construction with DNV GL class.

Adapted from press release by Katie Woodward

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