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Det Norske Veritas

DNV GL AS
Aksjeselskap
Industry Various
Founded 1864
Headquarters Bærum, Akershus, Norway
Area served
Global
Key people
Remi Eriksen (CEO)
Leif-Arne Langøy (Chairman)
Revenue IncreaseNOK 23.3 billion (2015)
Number of employees
14,954 (2015)
Website www.dnvgl.com

DNV GL is an international accredited registrar and classification society headquartered near Oslo, Norway. The company currently has about 15,000 employees and 350 offices operating in more than 100 countries, and provides services for several industries including maritime, renewable energy, oil & gas, electrification, food & beverage and healthcare. It was created in 2013 as a result of a merger between two leading organizations in the field - Det Norske Veritas (Norway) and Germanischer Lloyd (Germany).

DNV GL is the world's largest classification society, providing services for 13,175 vessels and mobile offshore units (MOUs) amounting to 265.4 mill gt, 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 & gas industry - 65% of the world’s offshore pipelines are designed and installed to DNV GL’s technical standards.

Prior to the merger, both DNV and GL have 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 GL's expertise across several industries. In addition to providing services such as technical assessment, certification, risk management and software development, DNV GL also invests heavily in research.

Remi Eriksen took over as Group President and CEO of DNV GL on August 1, 2015, succeeding Henrik O. Madsen.

DNV GL's history dates back to 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. DNV GL 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 USA, 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 owns 63.5% of DNV GL shares and Mayfair Vermögensverwaltung owns 36.5%.


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