Classification society DNV's net profit for 2012 was NOK719m ($122m), 1.5% down from NOK730m in 2011 despite a 27% rise in operating revenues from NOK10.1bn in 2011 to NOK12.8bn in 2012.
DNV has restructured its offshore classification rules for Mobile Offshore Units in order to improve transparency and enhance safety. “Our aim is to help the rig owner in the building process – to clearly show that the unit is constructed in...