Thomas Thune: Lloyd's Register is ready for battle

The three big ones become two, when and if the competitive authorities approve the DNV and Germischer merger. Lloyd's Register has suited up and is prepared for battle.

Photo: Foto, Lars Krabbe

Thomas Thune Andersen refrains from commenting on whether Lloyd's Register was in play to create a super merger on the market for the biggest assessment bureaus. There has been talk in the industry that the 250-year-old British company was in play but that it either pulled out was played out, so that DNV and Germanischer now look set to create the world's biggest player by far. Sources have confirmed to ShippingWatch that Lloyd's Register was involved, but no one has agreed to publicly confirm the proceedings.

And for the Danish Chairman of Lloyd's Register, now's a time to look ahead. Following a long process, in which the traditional company has been through a commercial and cultural transformation, Lloyd's Register is now equipped for a new era, says the company. The ownership structure makes more sense with the charitable Lloyd's Register Foundation as the owner of all business areas under Lloyd's Register Group.

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