DNV expects major merger completed by October 1st

The merger between Norwegian DNV and German GL is currently being reviewed by the competitive authorities. Henrik Madsen, CEO of DNV, tells ShippingWatch that he expects the merger to be finalized by October.

BY KATRINE GRØNVALD RAUN

It probably won't take long for the merger between Det Norske Veritas (DNV) and German Germanisher Lloyd to become a reality, thus creating what is said to be the world's largest certification bureau. The process of securing final approval is currently in a phase where the two companies are receiving questions from competitive authorities in the United States, Europe, China, and Korea, the countries in which the merger has been sent to review, says Henrik O. Madsen, CEO of DNV, to ShippingWatch.

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