Stamford, Connecticut: DNV has introduced a new approach to assist shipowners and operators in running cost-effective, safe and environment-friendly operations with high regularity. Initial cost savings of 20% have already been demonstrated.

DNV’s extensive competence within shipping helps the industry achieve Operational Excellence.

Increased competition and high fuel costs have placed new pressures on companies in the maritime industry. To help them successfully navigate these challenging market currents, DNV has developed an innovative improvement program designed to optimize maritime operations. The DNV Operational Excellence program identifies and realizes improvement in high impact areas, and has already shown annual fleet performance cost savings of 20% of the cost base.

Companies obtain cost savings with the Operational Excellence program in several areas, which have major impact on bottom line reporting and contribute significantly to improved operational performance:

• reduced fuel consumption
• cost efficient maintenance and procurement
• improved safety and environmental record

The program also helps achieving the fundamental objective of a company to ensure commercial sound operations, benefiting a diverse set of stakeholders such as customers, management, employees and shareholders.