• 2014 February 14 17:33

    DNV GL ceases to provide validation and verification services for CDM

    Due to the current downturn in international carbon markets, without signs of a recovery in the foreseeable future, DNV GL has decided to cease providing validation and verification services for CDM projects and other international climate change mitigation projects, the company said in its press release.

    DNV GL has been a pioneer in the validation and verification of Clean Development Mechanism (CDM) projects and other international climate change mitigation projects and is the largest verifier of CDM project activities.

    Recently, the price of carbon credits on the international carbon market has dropped to a level that no longer provides incentives to invest in climate change mitigation projects. The number of projects has decreased to less than one-tenth of the volume seen 1 year ago. As a consequence of this downturn in the carbon market, DNV GL has had to significantly reduce its activities and thus resources. The current volume of work is no longer sufficient to support the number of qualified staff needed to meet accreditation requirements.

    As DNV GL sees no visible signs of a recovery in the foreseeable future, DNV GL has thus made the strategic decision to cease providing validation and verification services for CDM projects and other international climate change mitigation projects. DNV GL believes that it can have a better impact for a safe and sustainable future by providing other climate change services and focusing on new initiatives.

    “We will continuing to offer climate change mitigation services and engaging in local and regional initiatives, such as the EU and Californian emission trading schemes, DNV GL is building positions related to carbon footprinting and labelling. Support also continues for the transfer and successful deployment of climate change mitigation technologies trough, for example, our engagement in the UNFCC Climate Technology Centre and Network (CTCN). There is also strengthened focus on climate change adaptation, which we believe will be increasingly important going forward” says Bjørn K. Haugland, Chief Sustainability Officer DNV GL Group and adds “with more than 3000 experts world-wide working with renewable energy and power transmission & distribution we have a strong commitment on supporting the transition to a low carbon future”.

    The cease of providing validation and verification services will not be immediate. While not taking on new projects, DNV GL will, to the extent possible, try to minimize the consequences for customers.


2016 December 6

18:02 Pella shipyard launches tugboat of Project 16609 built for RF Defence Ministry (photo)
17:40 Warship detachment of the Pacific Fleet finished its visit to the Kingdom of Thailand
17:19 Final planning conference on the Indra Navy, Russian-Indian exercise, was held in India
16:48 Throughput of Rostov-on-Don port up 15.1% to 18.41 mln t in 11M’16
16:14 Öresund Dry Docks selected to convert two ferries
15:47 Rosmorport announces tender for maintenance dredging at port Kavkaz
15:21 Icebreaker Novorossiysk leaves for sea trials in the Gulf of Finland (photo)
14:36 Latest IMO Member State accedes to further treaties
13:55 Bunker prices are still high in the Far East ports of Russia (graph)
13:19 Marine industry’s role in supporting UN Sustainable Development Goals addressed at Summit in Rotterdam
12:48 NCSP Group consolidated financial results for 9M 2016
11:57 First Norwegian vessel to comply with new IMO Polar Code
11:50 Leader class icebreaker is supposed to be built in Saint-Petersburg – USC
10:58 Ningbo Zhoushan Port сontainer throughput reaches 20 million TEUs on December 1st 2016
10:45 USC says delivery of icebreaker Victor Chernomyrdin scheduled for QIV’18
10:20 Brent Crude futures price down 0.78% to $54.51, Light Sweet Crude – down 0.98% to $51.28
09:59 CMA CGM announces FAK rates from North Europe, Malta, Cyprus and Greece to the Indian Subcontinent
09:51 Rosmorport’s Azov-Black Sea Basin Branch takes delivery of workboat Bata (photo)
09:16 Baltic Dry Index down to 1,196 points

2016 December 5

18:13 Siwertell wins International Bulk Journal Award
18:04 Throughput of Ukraine’s seaports down 8.3% to 120.71 mln t in 11M’16
17:48 Single-deck dry cargo vessel "Atameken" successfully completed sea trials
17:32 TTS Group ASA secures a new contract for cargo access equipment
17:11 Coal exports from Russia up 13.2% to 149 mln t in 11M’16
16:50 First batch of Taimyr coal produced by VostokUgol to be shipped on 15 June 2017
16:35 CMA CGM announces GRI from Asia to Panama, the Caribbean and Cuba on PEX2 service
16:03 Maersk Line announces new FAK rates from Far East to North Europe
15:52 Bibby Offshore wins significant North Sea contract with Shell
15:34 Russia's crude exports up 0.6% to 232.42 in 11M’16
15:17 International Chamber of Shipping welcomes the extension of EUNAVFOR Operation Atalanta
15:11 State customers’ cargo base in the Arctic to grow 4-5 times to 3.2-3.8 mln t by 2030
14:35 AS Tallink Grupp statistics for November 2016
14:13 Kalmar receives first order for newly launched range of empty container handlers
14:00 Container Terminal Saint-Petersburg spent RUB 6.1 mln on implementation of its social and environmental programmes in 9M’16
13:30 NYK establishes logistics company for finished cars in Vietnam
13:27 Average wholesale prices for М-100 HFO up to RUB 9,715 in RF spot market
13:02 City of Bruges and Port of Zeebrugge invest in parking solution for trucks
12:50 ENGIE and AES Andres enter into LNG joint venture in the Caribbean
12:35 Pot of Riga looks into cooperation with Uzbekistan
12:06 Rosmorport announces tender for maintenance dredging at Makhachkala seaport
11:59 DP World partners with CDPQ to create US $ 3.7 billion investment platform
11:44 Azeri crude exports via port Novorossiysk down 11.7% to 1.14 mln t in 11M’16
11:20 Container terminal Saint-Petersburg doubles funding for its development program
10:39 Ice navigation restrictions postponed at Big Port St. Petersburg
10:23 Flag hoisting ceremony held for Rosmorport’s new ships, Kadosh and Bata (photo)
10:08 Jurong Shipyard holds naming ceremony of FPSO Pioneiro de Libra
09:42 Brent Crude futures price down 1.05% to $53.89, Light Sweet Crude – down 1.10% to $51.12
09:17 Baltic Dry Index up to 1,198 points
09:04 Royal IHC's shipyard launches world’s first LNG-powered hopper dredger (photo)
08:01 ILO adopts revised Code of Practice for Health and Safety in Ports
07:54 Gulf Navigation, Wuchang Shipbuilding, Qingdao Beihai Shipbuilding create consortium to expand operations in the northern region of the United Arab Emirates

2016 December 4

17:44 Port of Grangemouth posts container volumes of 50,000 TEUs in October and November 2016
11:41 Höegh LNG Partners LP announces pricing of upsized public offering of 6,000,000 common units
11:41 OSG completes spin-off of its international business
10:31 Blue Water expands reefer transports in Southern Europe
08:38 Hamburg shipping companies Ahrenkiel Steamship and Vogemann merge their activities

2016 December 3

20:34 Dmitry Medvedev wished success in implementation of Vostochny Port’s Phase 3 project (photo)
12:43 Evac Group and Uson Marine join forces
10:58 Damen holds technical seminar on vessel automation in Brisbane, Australia
10:33 Production drilling started on Mariner