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DNV (formerly DNV GL) is an international accredited registrar 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 ships and offshore structures. Classification societies ...
headquartered in Høvik, Norway. The company currently has about 12,000 employees and 350 offices operating in more than 100 countries, and provides services for several industries including maritime, oil and gas, renewable energy, electrification, food and beverage and healthcare. DNV GL was created in 2013 as a result of a merger between two leading organizations in the field — (Norway) and (Germany). In 2021, DNV GL changed its name to DNV, while retaining its post-merger structure. DNV is the world's largest classification society, providing 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%. It is also the largest technical consultancy and supervisory to the global renewable energy (particularly wind, wave, tidal and solar) and oil and gas industry — 65% of the world's offshore pipelines are designed and installed to DNV's technical standards. 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), which now contribute to DNV's expertise across several industries. In addition to providing services such as technical assessment, certification, risk management and software development, DNV also invests heavily in research. Remi Eriksen is 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 technical inspection and evaluation of Norwegian merchant vessels. 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. The company celebrated its 150th anniversary in 2014. On December 20, 2012, the two companies announced the merger, which was approved by competition authorities in South Korea, the US, the EU and China, thus allowing the merger contract between DNV and GL to be signed on September 12, 2013. The independent Det Norske Veritas Foundation owned 63.5% of DNV GL shares and
Mayfair Vermögensverwaltung Mayfair Vermögensverwaltung SE is the family office of the families of Günter Herz and Daniela Herz. It invests in long term holdings of companies, short term assets like stocks and bonds, and real estate. The long term investment area is run b ...
36.5% until December 2017, when Mayfair sold its shares to the Det Norske Veritas Foundation. DNV GL changed it name to DNV on March 1, 2021. Together with Bureau Veritas and American Bureau of Shipping, DNV is one of the three major companies in the classification business with 300 offices in 100 countries. The company is also a key player in strategic innovation and risk management for several other industries including renewable energy (particularly in wind and solar), oil and gas, electric power generation and distribution, petrochemicals, aviation, automotives, finance, food and beverage, healthcare, software and information technology.


Research

Every year, DNV invests heavily in research and development, amounting to 5% of its total revenue. Since 1864, DNV has always maintained a department dedicated to research that enhances and develops services, rules and standards for various industries. Many of the innovations and findings by DNV have often been used as a basis for international standards. As of 2021, the main research programs include maritime, power & renewables, oil & gas, precision medicine, digital assurance, ocean space, artificial intelligence and energy transition. DNV publishes its independen
Energy Transition Outlook
annually. The fifth edition was published in 2021.


Organization

DNV is organised into six business areas: * DNV — Maritime: Classification, verification, risk-management, training and technical advisory to the maritime industry on safety, enhanced performance, fuel efficiency, etc. As a classification society, DNV 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 is authorized by 130 maritime administrations to perform certification or verification on their behalf. * DNV — Energy Systems: Counselling, testing, and certification services to the global energy sector, including: oil and gas, renewable energy, emissions, energy efficiency, power production, transfer, and distribution. DNV is working as an independent, accredited certifier of electricity transmission & distribution components. DNV is also the leading independent advisor and certifier to the renewable industry, notably within wind energy. Its services include wind turbine type certification, design consultancy, energy yield assessments, site assessments, permitting, solar plants and turbine design, wind and solar forecasting, and front-end engineering. In addition, DNV's energy systems arm has advisory services in energy efficiency, renewable integration, clean conventional power generation, renewable plant operations improvement services, transmission and distribution grids, energy storage, measurements and cyber security. * DNV — Business Assurance: Certification, assessment, training/education services that support customer products, processes, and organizations over a wide spectrum of fields. DNV 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 has issued management system certificates to more than 70,000 companies across all industry sectors and is an accredited certifier in 80 countries. They also provides accreditation and clinical excellence certifications to American hospitals. * DNV — Supply Chain and Product Assurance: Provides supply chain governance services, product assurance and digital assurance * DNV — Digital Solutions: A provider of engineering software tools and enterprise software for managing risk and improving safety and asset performance for ships, pipelines, processing plants, offshore structures, electric grids, smart cities, healthcare providers and a marine fleet management software solution called ShipManager.https://www.dnv.com/services/marine-fleet-management-software-and-ship-management-systems-shipmanager-114260 * DNV — Accelerator: The Accelerator operates a portfolio of units undergoing significant growth, chiefly through acquisitions and partnerships.


Standards and regulations

DNV provides a list of standards and regulations to the public: * DNV Rules for Classification of Ships * DNV Rules for Classification of High Speed, Light Craft * DNV Rules for Classification of inland navigation vessels * DNV Rules for Classification of underwater technology * DNV Rules for Classification of offshore units and floating docs * DNV Rules for Classification of naval vessels * DNV Rules for Classification of yachts * DNV Statutory Interpretations * DNV Service Specifications * DNV Standards * DNV Offshore Standards (DNV-OS) * DNV Recommended Practices * DNV Programmes for Approval of Manufacturers * DNV Programmes for Approval of Service Suppliers * DNV Type Approval Programmes * DNV Type Approval Programmes for EU recognised organisation Mutual Recognition (MR) * DNV Class guidelines


References

{{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