Det Norske Veritas (DNV) and Germanischer Lloyd (GL) have terminated their discussions about a possible close co-operation. Different views on how to maintain the independence of both societies were the reasons for ending the discussions. For almost one year, the two classification societies have been investigating possible areas of a close co-operation.
“I still believe there is a need for a consolidation among the classification societies”, says Helge Midttun, CEO of DNV. “Our discussions with GL have disclosed areas where a co-operation could have given benefits to both parties, and to our customers. But,” he adds, “the strong desire for maintaining independence and individual identity turned out to be the most difficult aspect in the negotiations.”
DNV is one of the four leading classification societies, with 15 per cent of the world fleet in class, and more than 20 per cent of the world’s new-buildings contracted to DNV class this year. “We are well positioned for further growth in the classification market, based on a global network, a professional organisation and consistent quality services worldwide”, says Helge Midttun.