ship.energy

Decarbonisation and digitalisation help to drive ‘strong continued growth’ for DNV

Classification society DNV has reported ‘another set of record breaking results’ for 2023, with a 26.2% year-on-year growth in revenues driven by ‘tighter regulations within the industries DNV operates in, including an increased attention among customers on decarbonisation and digitalisation’.

DNV’s newly-published annual report showed that the group posted a revenue of 31.6 billion Norwegian Kroner (NOK) and an EBITDA of 5.4 billion NOK.

Group President and CEO of DNV, Remi Eriksen commented: ‘Despite geopolitical instability and turbulent economic conditions, DNV has yet again delivered excellent results. It demonstrates the resilience and relevance of our assurance and risk management position with our customers. I’m also glad to see that the growing demand for DNV’s services coincides with our customer satisfaction rates reaching a new high, demonstrating the excellent performance and expertise of our employees.’

In the maritime section of the annual report, DNV noted that it became the the first class society to introduce class rules for electrical shore connections specifically tailored for tankers on 1 July 2023, and it also published new guidelines for the safe installation of onboard carbon capture and storage (OCCS) systems on board ships last year.

DNV also flagged up that it enhanced its Alternative Fuels Insight (AFI) platform with the addition of new fuel types, improved fuel-price monitoring supported by Argus, and a crowdsourcing feature to gain input from users.

Click here to access DNV’s Annual Report 2023.

Image: DNV

Ian Taylor