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…
Commodities trader Noble Group reported a second- quarter loss of $1.75 billion on Thursday, weeks after warning it faced its steepest quarterly loss in a year and a half and would slash jobs and sell assets to cut debt. Once Asia's largest commodities trading house…
The striggling commodities giant Noble Group has secured a 120-day extension for its USD 400 million credit facility from June 20, 2017. According to Reuters, Noble Group, has over 100 vessels on charter, confirmed that its lenders had…
Dr. Andrew Garrad, the co-founder of Garrad Hassan, has announced he will retire from DNV GL on December 23, 2016. Following the merger between DNV and GL Garrad Hassan two years ago, Andrew ceased to play an active operational role in the company…
London Offshore Consultants (LOC), a leading global marine and engineering consultancy for the shipping and offshore energy industry, has boosted its presence in Singapore with two new appointments – Mark Board as Marine Consultant, and Dan Niklas Ahlgren as Naval Architect…
The Tsakos Group of Companies has selected DNV GL to assist in preparing a cybersecurity management system for its fleet and onshore facilities – the first such management system developed by a shipping company in cooperation with DNV GL’s Advisory Services…
DNV GL’s Ellen Crivella was honored with the 2016 Rising Star Award at the Women of Wind Energy (WoWE) luncheon at the 2016 AWEA Windpower Conference and Exhibition. Each year, the Rising Star Award recognizes a woman relatively new to wind…
DNV GL has been awarded a contract by COSCO Shipping Company Limited (COSCO SHIPPING) of China for the installation engineering services for the BorWin gamma high voltage direct current (HVDC) converter platform.The Dutch-German transmission…
Five oil product traders have resigned from Noble Group, Asia's biggest commodity trader by revenue, some of whom are moving to rival trader Glencore, sources with knowledge of the issue said. Three of Noble's London-based gasoline traders are joining Glencore…
VARD’s new LNG tank design has been granted General Approval for Ship Application (GASA) by DNV GL. The new LNG-type B-tank design is based on vertical cylindrical-shape geometry and has a patented support design.The tank is the result of…
In line with LOC’s continual global growth and strengthening of the senior management team, Britain has been appointed as Managing Director of the London operation.Jonathan Britain joins LOC as Managing Director, LOC London having previously headed-up Bureau Veritas’s UK industry division…
DNV GL Group has appointed Tor Svensen as Group Executive Vice President. Knut Ørbeck-Nilssen will succeed Tor Svensen as Chief Executive Officer of its Maritime business area. Both will report to the incoming Group President & CEO Remi Eriksen…
Remi Eriksen has been appointed as the DNV GL Group’s new president and CEO, succeeding Henrik O. Madsen, who will retire August 1.The DNV GL board of directors began an executive search and selection process in October 2014 to find and…
The first ban on new hydraulic fracturing in Texas went into effect in the city of Denton, a month after voters deemed the oil and gas extraction method behind the U.S. energy boom a community nuisance.The Texas Oil & Gas Association, an industry group…
DNV GL was recognized for its leadership and ability to innovate when it received both the “Classification Society” and the “Innovation Award” at the 2014 Lloyd’s List Asia Awards held on 30 October. This is the second year in a row that DNV GL has won the award for best Classification Society…