DNV establishes tanker and bulker team in China

The Norwegian classification society said, “For tankers, strong demand in oil and oil products and changes in trading patterns have led to a growing demand for tankers. While in the bulker segment, fleet renewal, modernisation and a focus on decarbonisation and cyber security are driving investment in new vessels.”

Located in DNV’s Shanghai office, the DNV Tanker and Bulker Expert Team comprises 11 professionals including ship type experts and senior approval engineers, covering the full range of maritime disciplines. The team will be closely connected to the DNV global network of tanker and bulker expert teams in Oslo and Busan.

“Our customers face a critical decade and an uncertain regulatory and commercial environment. The pace of change is accelerating, with new technology and fuel challenges, regulations and economic pressures here or just over the horizon. With the establishment of the Tanker and Bulker Expert Team in Shanghai, we can be even more responsive to our customers, while offering an unmatched level of technical support and expertise,” said DNV regional manager for Greater China Norbert Kray.

Chinese yards have taken a huge slice of the newbuilding market, notching up 60% of all orders in 2023 and more than 70% of bulk and tanker orders.

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