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+ Editorial BALANCING TWO PERSPECTIVES The recovery from the financial crises that started in 2008 is slow. Some parts of the world have come out of the crisis already, but Europe and the US remains hard hit. We know that the crises will be over one day, and we look for positive signals that we are on the way to recovery. In the meantime we see increasing unemployment in many countries, low growth rates, large reductions in public spending, and volatile financial markets in Europe and the US. The rest of the world is fearfully following these developments, acknowledging that their consequences may very well have a global impact. At the same time, we have for some years been witnessing an emerging climate crisis. In December, world leaders were gathered in Durban at the COP 17 talks. Few people are optimistic that the two degree target is within reach. During the World Petroleum Congress in Doha, also in December, it was evident that there is an abundance of oil and gas reserves, and that these fossil fuels will remain the main source of energy throughout the next several decades. Consequently, we will continue to experience the effects of climate change, such as more extreme weather and natural disasters. This means that adaptation to climate change will be an important focus in the years to come. We are facing these two very different crises at the same time; both of which have to be dealt with. The financial crisis has a short perspective and the politicians are working hard to bring us into smoother waters. The climate change issue, however, has a much longer perspective. Balancing these two perspectives is a huge leadership challenge, both within the business and the political arenas. Many large companies, including DNV, are in good shape because they have taken strong medicine in the past two years. But the troubles facing the government finances have also impact on trade and businesses. For shipping, this will mean more problems on top of those arising from the over-contracting of ships up until 2008 – ships that are now hitting the water. However, shipping is a global and cyclical industry, and I am convinced that the growing global need for energy and commodities combined with reduced newbuilding activity and increased scrapping will bring the world fleet in balance in 2-3 years’ time. In the current business environment, the response from DNV is to focus on continued cost-efficient and high-quality classification services and to provide advice and support to our maritime customers and other stakeholders. HENRIK O. MADSEN Chief Executive Officer Regarding the oil and gas industry we aim to become a world leading risk management service provider in challenging operational environments. In addition to this we recently acquired 74.3% of the shares in the Dutch company KEMA thereby creating a world-leading consulting and certification company within the cleaner energy, sustainability, and power generation, transmission and distribution sectors. By this move we will meet the needs of an industry in rapid transition and growth. The combination of cleaner fossil-fuel-based power generation, the increased use of renewables and the growth of electricity as an energy carrier will truly make a global impact. In our quest to have an impact on the low carbon economy we see that industries worldwide are recognising climate change as a serious societal problem. More and more companies are realising they are expected to contribute to finding solutions and act in a responsible and responsive manner. We are positioned to assist them living up to these expectations. 2 – no 01 2012
+ News The HS Chopin is a 3,500 TEU container vessel owned by Hansa Shipmanagement in Hamburg. THE HS CHOPIN BRINGS DNV NAVIGATOR TO 2000 DNV Navigator No. 2000 has now been installed on the HS Chopin. The event took place while the 3,500 TEU container vessel visited the port of Hamburg. Navigator is a software package that simplifies port clearance procedures and ensures that the crew has the information needed for any port in plenty of time before the ship arrives there. The system has been recognised by the industry as the tool that offers the most comprehensive and all-in-one database, with worldwide port information, regulations, procedures and port clearance forms. The final handover from DNV to the owner was managed by Lawicki Marek, the master of the HS Chopin, and Jörg Langkabel, DNV Country Manager, Germany. “Through developing guidelines and standards for CCS in collaboration with governments and industry, DNV has taken an instrumental role in paving the way for the safe and cost-effective deployment of CCS,” says DNV COO Division Americas Elisabeth Tørstad. + THE WORLD’S FIRST CERTIFICATE OF FITNESS FOR SAFE CO2 STORAGE DNV AWARDED THE WORLD’S FIRST CERTIFICATE OF FITNESS FOR SAFE CO2 STORAGE TO SHELL’S QUEST CARBON CAPTURE AND STORAGE PROJECT. DNV has issued the world’s first certificate of fitness for a CO2 storage development plan to Shell’s Quest Carbon Capture and Storage (CCS) project. The proposed Quest project will capture and permanently store underground more than one million tonnes of CO2 per year from the Scotford Upgrader, located near Fort Saskatchewan in Alberta, Canada. Together with industry and governments, DNV has recently developed recommended guidelines and best practices for CO2 geological storage selection and risk assessment. RECOGNISED AS A GLOBAL LEADER IN SUSTAINABILITY ASSURANCE DNV was rated as a global leader in the sustainability assurance market in a study carried out by the independent analyst firm Verdantix. The overall breadth and depth of DNV’s assurance services and proven expertise were considered to be among the best in the sustainability assurance market. According to the study, DNV is one of the six leading providers in the global sustainability assurance market. “Being ranked as a leading international provider of sustainability assurance services is a strong recognition of DNV’s focus on business development in this area for several years. Our proven capabilities will constitute the best basis for increased customer awareness of DNV in the market place,” says Antonio Astone, Global Product Manager for Sustainability Assurance Services in DNV Business Assurance. no 01 2012 – 3
Page 1 and 2: forum A magazine from DNV no 01 201
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Page 15 and 16: LOW RISKS IN THE HIGH NORTH? MAJOR
Page 17 and 18: Major accidents since 1980 ALEXANDE
Page 19 and 20: © OED I Ola Borten Moe is Norway
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Subsea technology + DEEPWATER TECHN
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SAFEGUARDING LIFE AT SEA NORWEGIAN
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I Captain Fred-Tonny Hansen, Engine
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CREATING “INNOVATION THAT DELIVER
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© Nauti-Craft I Australia’s Naut
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“Corrosion professionals are incr
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© DNV/Anders Øvreberg
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