TelestackSailors SocietyPort of South LouisianaCimbriaThe Wolfson Centre for Bulk Solids Handling Technology Port of Vancouver USA
  • Sailors Society
  • Port of South Louisiana
  • Cimbria
  • TOC Events
  • Cleveland Cascades Ltd
  • TBA Group

DNV GL strengthens ocean space research

(Posted on 28/10/19)

DNV GL, the risk management and quality assurance company, is strengthening its commitment to exploring new ocean opportunities by dedicating extra resources to its ocean space research programme. The programme works with stakeholders from business, government and academia to create best practices and standards. It also seeks a collaborative approach to sharing ocean data and developing foresight on the blue economy.

Around 70% of DNV GL’s business relates to the ocean and the ocean space programme compliments the wide-ranging activities across the company’s business areas.   DNV GL is also at the forefront of sustainable ocean initiatives. Recently it joined 30 companies and institutional investors to sign up to the UN Global Compact Sustainable Ocean Principles, committing to take action to secure a healthy and productive ocean. DNV GL also worked with Microsoft to host the Xynteo Exchange event which focused on measuring, analyzing and sharing ocean data.

“DNV GL’s history is intertwined with the oceans, which has allowed us to build deep expertise across the industries involved in the blue economy,” said Remi Eriksen, Group President and CEO of DNV GL. “The oceans are integral to the energy transition, provision of food and global trade and our increased focus on ocean space will allow DNV GL to navigate the associated risks and opportunities for our customers.”

The oceans are of fundamental social and economic importance. DNV GL’s Energy Transition Outlook forecasts that electricity will meet 40% of final energy demand by mid-century, with offshore wind contributing a significant portion of power generation. A report authored by DNV GL for the UN Global Compact noted that fish consumption has grown twice as fast as population growth since the 1960s and currently 3.2 billion people get 20% of their animal protein from fish. Additionally, the shipping industry accounts for around 80% of global trade flows.

Despite the possibilities to share data across industries, it often remains siloed. DNV GL will seek to facilitate the sharing of data through its industry platform Veracity.

“We need more accurate and reliable data on ocean economic activity, the state of marine ecosystems and the interactions between the two. This will support decision-makers and help raise general awareness of the importance of the ocean; both in terms of investment opportunities in economic activities and to crucial problems that demand action at many levels,” said Bente Pretlove, Programme Director of Ocean Space at DNV GL.

The oceans space programme will benefit from DNV GL’s long standing commitment to research and development, which sees 5% of its revenue reinvested into R&D. DNV GL made the announcement during Our Ocean 2019 in Oslo, where governments, organizations and businesses are encouraged to announce new and far-reaching actions on the oceans.

Latest News

Chevron keeps ships sailing amid VLSFO challenges

(Posted on 19/01/21)

Chevron Marine Lubricants has helped ship owner customers identify and manage a distinctive engine condition... Read more


Coles to leave Wallem

(Posted on 19/01/21)

The board of Wallem Group have announced that Chief Executive Frank Coles has resigned and will be leaving... Read more


Seanergy announces $179m restructuring

(Posted on 14/01/21)

Seanergy Maritime Holdings Corp. has announced that it has reached final agreements with certain of... Read more


IOMSR seafarer welfare app goes live

(Posted on 14/01/21)

The Isle of Man Ship Registry has formally launched the first ever seafarer welfare app designed by... Read more


DNV GL to change name to DNV

(Posted on 13/01/21)

DNV GL, the assurance and risk management company, will change its name to DNV on 1 March 2021. The... Read more


Yxney Maritime and Inmarsat agreement

(Posted on 10/01/21)

Norwegian-based scale-up Yxney Maritime and Inmarsat, the world leader in global, mobile satellite communications... Read more


ClassNK advises early BWMS installation

(Posted on 10/01/21)

Leading Classification Society ClassNK has been analyzing the retrofitting status of ballast water management... Read more


Cybersecurity to remain a threat in 2021

(Posted on 05/01/21)

The maritime industry will remain a target of cyber-criminals in 2021 and the world’s shipping... Read more


IOMSR appoints China representative

(Posted on 05/01/21)

The Isle of Man Ship Registry (IOMSR) has appointed its first permanent representative in China.Well... Read more


First shipment at Khalifa Port’s South Quay

(Posted on 28/12/20)

The first shipment, carrying bauxite, destined for Emirates Global Aluminium (EGA)’s Al Taweelah... Read more


TOC EventsTBA GroupBühler GmbHViganPort of StocktonCleveland Cascades Ltd
  • Telestack
  • Bühler GmbH
  • Port of Stockton

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping