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Shipbuilding Expert Sees Clear Sailing

      3/2/2006

Det Norske Veritas (DNV), one of the world's leading authorities in shipbuilding, said it will accelerate expansion in China by adding offices and training facilities as the country assumes an increasingly important role in the construction of high-end vessels. DNV plans to open an office in Ningbo to tap the potential in Zhejiang Province, where new shipyards are planned around Ningbo and Zhoushan Island - including what will become the world's biggest ship repair base. The group sets standards for ship building and inspects vessels to make sure those standards are met during construction. It also provides technological advice and training to the industry.

DNV has targeted major opportunities as Chinese shipyards are turning toward making higher value-added ships such as liquefied natural gas carriers, cruisers and oil tankers. The group recently opened an office in Nantong in Jiangsu Province, where some of China's most advanced shipyards are located. Last year, it opened an office in Beijing to serve the country's northern market and it also opened its first DNV Academy in the northern city of Dalian to train employees of shipyards, design houses and ship owners. It plans to open similar facilities in Shanghai and Hong Kong this year, followed by Guangzhou and Taiwan.



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