• Home
  • News
  • DNV GL acquires Marine Cybernetics
  • 2014 May 12 10:41

    DNV GL acquires Marine Cybernetics

    DNV GL, the world’s leading ship and offshore classification society and one of the world’s leading technical risk service providers, has acquired Marine Cybernetics, the leading company for third-party testing of computer control systems. The acquisition expands DNV GL’s scope of services in the offshore and maritime industries, the society said in a press release.

    Marine Cybernetics was established in 2002 as a spin-off from the Norwegian University of Science and Technology (NTNU). Based in Trondheim, Norway, the company introduced the concept of Hardware-In-the Loop-Testing (HIL) to the maritime and offshore industries. HIL testing significantly reduces the risk of accidents, off-hire costs and non-productive time due to software-related issues.

    “The decision to invest in Marine Cybernetics was driven by the increasing importance of software dependent systems in ensuring safe, reliable and efficient operations. We have now come to a point where we cannot only rely on testing and verifying hardware,” says Remi Eriksen, DNV GL Group Executive Vice President and COO. “We see that an increasing number of incidents, many of them severe, are caused by software- related issues. There’s a weak spot in the way the offshore and marine industries work to ensure total system quality. That weak spot is getting bigger every day, but we’re going to rectify this,” he continues, adding: “Marine Cybernetics has unique technology and processes for the third-party testing and verification of computer-based control systems. This will be a game changing platform to enhance safety and increase operational efficiency in the offshore and maritime industries.”

    A requirement of software-system certification was introduced into the offshore classification rules by DNV GL some time ago. Currently, the market for the third- party testing and certification of control systems is small but has huge potential.

    According to Eriksen, the short-term synergies will facilitate a global roll out of HIL testing services via DNV GL’s worldwide network, allowing Marine Cybernetics to reach even more customers across the globe. A mid-term perspective is a combination of service offerings. “As such, we strive to actively drive the further development of the concept of classification. And a longer term goal is to use the competencies and technologies in other asset heavy and software intensive industries, such as the power generation, transmission and distribution industries,” says Eriksen.

    Marine Cybernetics Chief Executive Officer Stein Eggan says, “This is an important milestone for Marine Cybernetics and true recognition of our capabilities as the leading provider of third- party testing and verification of control system software for the maritime and offshore industries. Since DNV GL is  the leading global ship  and offshore classification society and the leading technical assurance provider to the oil and gas industry, this transaction will also strengthen our global delivery capabilities and continued technological development, benefitting  both companies' customers and industry partners as well as creating interesting opportunities for our employees.”

    He continues, “We have enjoyed a good working relationship with DNV GL for many years and look forward to bringing our companies together to continue to build a sustainable business in the software integrity field, strongly vested in shared philosophies and core values.”

    “Main shareholder Statoil Technology Invest (STI) first supported Marine Cybernetics through its LOOP product development programme in 2003 and then invested in 2005, recognizing the importance of being able to independently test critical control system software on vessels and rigs. We are pleased to see that MC has found a good home in DNV GL,” says Richard Erskine, Managing Director of STI.

    Besides Statoil Technology Invest and the Kristian Gerhard Jebsen Group, the shares of Marine Cybernetics were held by Marine Cybernetics employees and management as well as the former founders, who are now completely out of the company . To reflect its cross-industry relevance and strategic importance to DNV GL, Marine Cybernetics will become an independent business unit within the DNV GL Group.

    About DNV GL
    After a merger on 12 September 2013, DNV and GL have formed DNV GL, the world’s largest ship and offshore classification society, the leading technical advisor to the global oil and gas industry, and a leading expert for the energy value chain including renewables and energy efficiency. DNV GL has also taken a position as one of the top three certification bodies in the world.

    About Marine Cybernetics
    Marine Cybernetics was established in 2002 as a spin-off from the Norwegian University of Science and Technology (NTNU) in Trondheim, and introduced the concept of Hardware-In-the Loop-Testing (HIL) to the marine and offshore industry. During the last 12 years, the company has established itself as the leading company for third party testing of operational and safety critical computer control systems used in various maritime and offshore operations, and has been working with major E&P companies, rig companies, vessel owners, system producers, and shipyards.


2022 January 24

14:30 Sea Port of Saint-Petersburg to take delivery of over 40 units of handling equipment and one 63-tonne crane in 2022
14:01 Dogger Bank announces supplier events for O&M phase
13:44 BW Offshore signed an agreement for the sale of the FPSO BW Joko Tole
13:21 Loko-Bank shareholder increased his share in FESCO to 26.52%
13:07 Royal Dutch Shell plc changes its name to Shell plc
12:44 FESCO increases number of transit container trains from CPV almost twice in 2021
12:23 EdgeTech rolls out the 6205s2 Swath Bathymetry & Side Scan Sonar System
12:18 PGS secures Northern Lights CO2 storage acquisition contract
11:52 Maersk Drilling secures 21-month contract with TotalEnergies
11:17 Second episode of a creative multimedia project named The Ecologist was launched in cooperation with Van Oord
10:49 Heerema announces contract with McDermott for Saudi Aramco’s Marjan Increment Program
10:42 Eastern Shipbuilding completes major infrastructure improvement project to support OPC program
09:28 Crude oil prices rise as demand increases
09:11 Baltic Dry Index as of January 21
08:37 MABUX: No firm trend on Global bunker market on Jan 24

2022 January 23

14:29 Record figures in Polish ports
13:52 Coast Guard to close southern Green Bay for commercial traffic
12:36 CMHI shipyard hosts a keel-laying ceremony for Ulstein designed expedition cruise vessel ‘Ocean Albatros’
11:47 SGMF releases updated version of LNG as a marine fuel – Safety and Operational Guidelines – Bunkering'
11:08 James Fisher Renewables secures high voltage safety management commissioning contract from Iberdrola’s Baltic Eagle offshore win
10:57 BW Ideol secures close to 1GW of offshore floating wind acreage in ScotWind leasing round
09:51 AIDA named Top Employer again

2022 January 22

14:06 Crowley names Marcus Jadotte as Senior VP, Government Relations
13:29 Kongsberg Digital joins the NorthWind project to develop digital twin technology for offshore wind
12:41 New year boost for MYCRANE as four lifting experts join the team
12:07 Mitsui O.S.K. Lines, Ltd. and Bombora Wave Power strengthen their collaboration through an investment
11:34 Carnival Cruise Line adding more embarkation enhancements as it commits to current protocols for the foreseeable future
10:54 Indian Register of Shipping strengthens focus on safety of Inland Waterways

2022 January 21

19:15 PortNews’ week updates and insights summary
18:20 More than 600 boxships stay off ports waiting for berth space, Seaexplorer disruption indicator shows
18:07 Green Innovation Fund adopts joint project on “Mass-production and Cost Reduction of Floating Offshore Wind Installation”
17:44 The new Stena Baltica has debuted on Stena Line’s Baltic Sea route from Ventspils to Nynäshamn
17:16 Port of Los Angeles breaks cargo record in 2021
17:06 Finnlines strengthens Germany-Sweden route with a fourth ship
16:36 Maersk opens its logistics center for South Western Europe at port of Barcelona
16:03 Dublin Port sees a small reduction in volumes in 2021
15:24 Kongsberg Digital joins the NorthWind project to develop digital twin technology for offshore wind
14:03 ClassNK issues Approval in Principle for ammonia-fueled Panamax bulk carrier developed by Planning and Design Center for Greener Ships (GSC)
14:02 TGE Marine announces completion of largest LNG Bi-Lobe Type C Tanks
13:23 Samskip adds 150 new sustainable reefer containers to its fleet
13:01 Icebreakers remain busy assisting shipping of the Gulf of Finland eastern part
12:13 Freight volumes increase at the Port of Gothenburg in 2021
12:12 Nippon Paint Marine’s new fastar antifouling earmarked for Cosco Shipping VLCC fleet
11:42 RZD invested heavily in its rolling stock upgrade in 2021
11:31 DP World launches a premium barge service between the Upper Rhine region and Rotterdam World Gateway
11:03 Israel orders three new submarines from thyssenkrupp Marine Systems
10:31 Port of Oakland import volume hit new record in 2021
10:11 Crude oil prices drop on US oil reserves growth
09:32 MABUX: Global bunker prices may slide down on Jan. 21
09:21 Baltic Dry Index as of Jan 20

2022 January 20

18:35 EuroDry announces agreement to acquire a 2014-built Supramax bulker
18:05 Valaris announces floater contract awards
17:43 Alfa Laval experiences increased demand for solutions related to LPG as fuel
17:26 Throughput of Chinese sea and river ports in 2021 climbed by 6.8% YoY
17:15 The U.S. Army gets $22.81 billion in supplemental funding of studies, projects and programs
17:05 Sanmar Shipyards delivers fourth powerful compact tug to SAAM Towage
16:50 Cargo traffic on IWW of Russia in 2021 rose by 1.2% to 110.3 million tonnes
16:35 Uber Boat by Thames Clippers builds the UK’s first hybrid high speed passenger ferries
16:15 American Cruise Lines unveils Project Blue
16:05 TGE Marine announces the completion of the tank building phase for two large LNG cargo tanks