Det Norske Veritas (DNV), formerly DNV GL, is an international

accredited registrar An accredited registrar, also called an accredited certification body (CB), is an organization accredited by a recognized accrediting body for its competence to audit and issue certification confirming that an organization meets the requirements of ...

and

classification society A ship classification society or ship classification organisation is a non-governmental organization that establishes and maintains technical standards for the construction and operation of Shipping, ships and Offshore platform, offshore structure ...

headquartered in Høvik, Norway. DNV provides services for several industries, including maritime,

oil and gas A fossil fuel is a flammable carbon compound- or hydrocarbon-containing material formed naturally in the Earth's crust from the buried remains of prehistoric organisms (animals, plants or microplanktons), a process that occurs within geologi ...

renewable energy Renewable energy (also called green energy) is energy made from renewable resource, renewable natural resources that are replenished on a human lifetime, human timescale. The most widely used renewable energy types are solar energy, wind pow ...

, electrification, and

healthcare Health care, or healthcare, is the improvement or maintenance of health via the preventive healthcare, prevention, diagnosis, therapy, treatment, wikt:amelioration, amelioration or cure of disease, illness, injury, and other disability, physic ...

. As of 10 January 2024, the company has about 15,000 employees and 350 offices operating in more than 100 countries and provides services for several industries. In 2013, Det Norske Veritas (Norway) and

Germanischer Lloyd The was a classification society based in Hamburg, Germany. It ceased to exist as an independent entity in September 2013 as a result of its merger with Norway's DNV (Det Norske Veritas) to become DNV GL. Before the merger, as a technical sup ...

(Germany), two prominent organizations in the industry,

merged Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorpt ...

to form DNV GL. The company later simplified its name to DNV in 2021, while maintaining the organizational structure that resulted from the merger. DNV provides services for 13,175 vessels and mobile offshore units (MOUs), amounting to 265.4 million gross tonnes, which represents a global market share of 21%. 65% of the world's offshore

pipeline A pipeline is a system of Pipe (fluid conveyance), pipes for long-distance transportation of a liquid or gas, typically to a market area for consumption. The latest data from 2014 gives a total of slightly less than of pipeline in 120 countries ...

s are designed and installed to DNV's

technical standard A technical standard is an established Social norm, norm or requirement for a repeatable technical task which is applied to a common and repeated use of rules, conditions, guidelines or characteristics for products or related processes and producti ...

s. Prior to the merger, both DNV and GL had independently acquired several companies in different sectors, such as Hélimax Energy (Canada), Garrad Hassan (UK), Windtest (Germany) and KEMA (Netherlands). DNV also invests in research. Remi Eriksen has been the Group President and CEO of DNV since August 1, 2015, succeeding Henrik O. Madsen.

Summary

DNV's history dates from 1864, when Det Norske Veritas was established in Norway to head the technical inspection and evaluation of Norwegian merchant vessels. Germanischer Lloyd was founded in Hamburg in 1867 by a group of 600 ship owners, ship builders and insurers. The company celebrated its 150th anniversary in 2014. On 20 December 2012, the two companies announced the merger, which was approved by competition authorities in

South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia. It constitutes the southern half of the Korea, Korean Peninsula and borders North Korea along the Korean Demilitarized Zone, with the Yellow Sea to the west and t ...

, the US, the EU, and China, thus allowing the merger contract between DNV and GL to be signed on 12 September 2013. The independent Det Norske Veritas Foundation owned 63.5% of DNV GL shares and 36.5% of Mayfair Vermögensverwaltung until December 2017, when Mayfair sold its shares to the Det Norske Veritas Foundation. DNV GL changed its name to DNV on 1 March 2021. In September 2023, it was announced that DNV had acquired the US-headquartered

SaaS Software as a service (SaaS ) is a cloud computing service model where the provider offers use of application software to a client and manages all needed physical and software resources. SaaS is usually accessed via a web application. Unlike oth ...

company, ANB Systems. The company provides energy programme services to utility and regulatory body customers.

Research

Every year, DNV invests heavily in research and development, amounting to 5% of its total revenue. Many of the DNV standards have often been used as the basis for international standards. As of 2021, the main research programs include maritime, power and renewables, oil and gas, precision medicine, digital assurance, ocean space, artificial intelligence and

energy transition An energy transition (or energy system transformation) is a major structural change to energy supply and consumption in an energy system. Currently, a transition to sustainable energy is underway to limit climate change. Most of the sustainab ...

. DNV publishes its independent Energy Transition Outlook annually. The fifth edition was published in 2021.

Organization

DNV is organised into six business areas: * DNV — Maritime: DNV sets standards for ships and offshore structures, known as Class Rules. DNV is authorized by 130 maritime administrations to perform verification on their behalf. * DNV — Energy Systems: DNV is working as an independent, accredited certifier of electricity transmission and distribution components. * DNV — Business Assurance: They certify the compliance of companies according to a third-party standard, such as

ISO 9001 The ISO 9000 family is a set of international standards for quality management systems. It was developed in March 1987 by International Organization for Standardization. The goal of these standards is to help organizations ensure that they meet ...

(quality management system) or

ISO 14001 The ISO 14000 family is a set of international standards for Natural environment, environment management systems. It was developed in March 1996 by International Organization for Standardization. The goal of these standards is to help organizations ...

( environmental management system). DNV has issued management system certificates to more than 70,000 companies. It is an accredited certifier in 80 countries, and it provides clinical certifications to American hospitals. * DNV — Supply Chain and Product Assurance: Provides supply chain governance services and product and digital assurance * DNV — Digital Solutions: A provider of engineering software tools and

enterprise software Enterprise software, also known as enterprise application software (EAS), is computer software used to satisfy the needs of an organization rather than its individual users. Enterprise software is an integral part of a computer-based information ...

for improving safety and asset performance for ships, pipelines, processing plants, offshore structures, electric grids, healthcare providers and a marine fleet management software solution called ShipManager. * DNV — Accelerator: The Accelerator operates a portfolio of units undergoing significant growth through acquisitions and partnerships.

References

External links

{{Authority control Business services companies of Norway Ship classification societies Companies based in Bærum Companies established in 1864 Electrical safety standards organizations Foundations based in Norway Quality management Risk management companies Risk management software