
Welcomed with respect and recognition: Women are entering male dominated business sectors, and shipping is no exception. The professional challenges are not greater for women than for men.

Effective risk management practices provide clarity and direction for decision-makers. In DNV, we believe that enterprise risk management will distinguish those companies that provide better results with fewer unpleasant surprises.

DNV Consulting has carried out a survey among 17 top managers (CEOs, MDs and CFOs) of operators and licence holders in the North Sea regarding enterprise risk management. Here are some of the key findings, and Shell Norway’s Managing Director, Johan Nic. Vold’s thoughts on enterprise risk management in practice.

Shell is using a series of tools to manage risks. Here, Shell Norway’s Managing Director, Johan Nic. Vold shares his experiences with enterprise risk management in practice.

Mother Nature’s energy management codes are unique, created through the hard reality of evolution. Here the strongest, best and most efficient invention survives. In recognition of this, Rolls-Royce Marine has opened their minds to ask the tuna for help.

Very few people speak passionately about standards, but after a lifetime in the automotive industry, Michael F. Brennan is one. He has seen for himself the benefits reaped by setting a high standard and sticking to it, “I believe the goal of common, standard systems is worth the price of the journey.”

Britain’s railways are steadily improving. Day by day, bit by bit, the pieces of the jigsaw puzzle for improved performance are falling into place – and a jigsaw puzzle is exactly what it is. And this jigsaw puzzle will not solve itself simply by wishing it. It requires continuous effort by everyone involved, supported by meaningful decision support tools.

Renesas, a cutting-edge manufacturer of semiconductor devices, was founded by Hitachi and Mitsubishi Electric in 2003. From the start, the company has actively used certification as a tool to unify and align the two former companies and create a new international network with efficient internal processes.

With a constant groth of staff overseas, cross cultural management is now high on the agenda of Chinese high-tech firm Huawei Technologies. In many ways, Huawei epitomises the drive for growth that characterises China’s expanding economy and technological advances.

Royal Caribbean's 19 huge cruise ships are made for the most luxurious holidays. By working smarter and more efficiently, the cruise major aims to provide the vacation of a lifetime – every time.

Sustainable growth is a big issue as the Asian economies continue to grow at a breathtaking pace. Accelerating the flow of fuel without accelerating greenhouse gas emissions is hard, but possible. Taiwan-based Chinese Petroleum Corporation (CPC) takes action by investing USD two billion in a five year upgrading plan.

One of the most notable success stories in the development of Indian shipping has been the role played by Great Eastern Shipping Company. From pioneering Indian tramp shipping to private-sector participation in offshore oilfield services, Great Eastern’s 57-year history is a story of enterprise and leadership. K.M.Sheth, the executive chairman of Great Eastern, here shares his thoughts on his company’s past, present and future.

“We must let the pipeline buckle like a snake on the seabed, although in a predicted and controlled manner. This will avoid future environmental accidents and reduce intervention costs,” says Roberto Bruschi of Snamprogetti.

In a bold move to revitalise the dormant Brazilian shipping industry, state-owned Transpetro is ordering 42 vessels to be built in Brazil. In an interview with DNV Forum, Transpetro President Sergio Mahado explains the reasons.

DNV has performed the world's first certification of ship superintendents when it recently certified five NYK superintendents. The event marks the launch of DNV's new service line on personnel certification in the shipping industry.

The Korea Shipbuilders’ Association – KOSHIPA – stated a preference for DNV’s Nauticus Hull software in its review of the IACS common structural rules now being developed for tankers.

The Norwegian Petroleum Safety Authority and DNV Consulting have co-operated to deliver a report called “Human Factors in Drilling and Well Operations – challenges, projects and activities”.

Fluor Enterprises Inch as signed a contract with DNV Consulting to provide two critical HSE studies for a new grass-root refinery in Kuwait.

DNV expects to grow rapidly in both the Russian Federation and Republic of Kazakhstan in the years ahead. DNV’s regional manager for oil and gas services in Eurasia, Nils Andreas Masvie, is now taking up permanent office in Moscow to support these growth ambitions.

DNV is to develop new specifications for remotely operated subsea pipeline repair in cooperation with an industry consortium.

Linde Gas has selected DNV Consulting to support them in improving their safety culture by applying a combination of assessments based on the isrs7 Alpha approach, and adopting a special interview technique focused on cultural aspects and subsequent improvement workshops.

The French contractor Technip has awarded a contract to DNV to provide third-party verification services for the Agbami field development in Nigerian deep waters.

30 participants from 14 companies from the Chinese shipbuilding industry accomplished the first ever training course for the new common structural rules at the DNV Academy in Shanghai.

As the first two in a series of four 14,500 dwt vessels that Broström has ordered from Nanjing’s Jinling yard in China, these D-class ships will join the company’s northern European operations for oil and chemical transportation.

Lloyd's List announced in November DNV as the winner of their “Best and most innovative class society in the Middle East and Indian Subcontinent Award 2005”.

The International Maritime Organization (IMO) has set a 4.5 % cap on sulphur content in marine fuels with the MARPOL 73/78 Annex VI Regulations. The regulations aim to prevent air pollution from ships, and entered into force on 19 May 2005.

DNV Consulting has performed an independent assessment of two proposed land-based LNG receiving, storage and re-gasification terminals on Gran Canaria and Tenerife. The terminals will supply natural gas for electricity generation in the existing power plants on the islands.

The world’s leading not-for-profit professional association for the project management profession, Project Management Institute (PMI), has signed a three year exclusive global contract with DNV.

Aker Yards has signed a contract worth approximately NOK 650 million to build a well intervention vessel for Island Offshore. The DNV-classed vessel will be delivered in January 2008.

The Executive Board of the Clean Development Mechanism (CDM) has issued the first ever certified emission reductions (CERs) under the Kyoto Protocol.

In debating and analysing the aspects of risk, have you ever wondered about the origin of the term ’risk’?