The ocean is referred to as the new economic frontier with a capacity for significant economic growth. It covers two thirds of the surface of the Earth and is crucial for the well-being and prosperity of current and future generations. Many of the challenges the Ocean faces, however, including ocean plastics, biodiversity loss and climate change transcend the capacity of a single state or a single industry to address.

After the international sanctions against Iran were lifted in 2016, DNV GL reopened its office in Tehran. During these two years, we have mainly delivered classification services to international shipping companies. In May the United States government announced reintroduction of sanctions against Iran in two stages, on 6 August and 4 November 2018, respectively.

The Green Corridor Joint Industry Project (JIP) has ended on a high note, delivering a well-received LNG-fuelled Newcastlemax design for transporting iron ore and coal on the Australia–China route in Phase 1a, and upsizing it to the very large ore carrier (VLOC) class in Phase 1b. The project was recently concluded with a signing ceremony in Singapore.

Based in Bengaluru, India, the Global Operations & Analytics Centre will implement data analytics, machine learning and artificial intelligence to offer advanced performance and diagnostic features for the wind and solar industry.