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This profile was last updated on 11/16/15  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Tor E. Svensen

Wrong Tor E. Svensen?

Employment History


  • degree , Naval Architecture and Shipbuilding
    University of Newcastle upon Tyne
  • Ph.D.
184 Total References
Web References
Tor E. Svensen CEO of ..., 26 Oct 2015 [cached]
Tor E. Svensen CEO of DNV GL Maritime pointed this out at the presentations made by the classification company. He said the costs are coming down for high-speed ship to shore data communication and has given the opportunity to combine different types of data, and to start optimizing the ship and voyage in a quite sophisticated way.
Management, 11 July 2013 [cached]
President of DNV Maritime and Oil & Gas, Tor E. Svensen.
DNV GL has today announced two ..., 16 June 2015 [cached]
DNV GL has today announced two new appointments, with Tor Svensen named as group executive vp and Knut Ørbeck-Nilssen replacing Svensen as ceo of Maritime.
Ørbeck-Nilssen served as coo and senior vp of DNV GL's Maritime business area since themerger of Det Norske Veritas and Germanischer Lloyd in 2013. As Maritime ceo, Ørbeck-Nilssen will continue to operate out of the company's headquarters in Hamburg, Germany.
The promotion of Tor Svensen follows his tenure as ceo and president of DNV GL's maritime division since before the merger in 2003. According to DNV GL, the new group evp will "focus on developing customer relationships and strategic projects for the DNV GL Group."
Svensen spoke highly of Ørbeck-Nilssen following the announcement. "Having worked closely with Knut the past two years in leading our Maritime business area, I am confident that he has the technical insight, management skills and not least the support from his colleagues necessary to lead the Maritime organization. I look forward to continue supporting him and our key customers in my new role."
Ørbeck-Nilssen said: "As a result of the merger between DNV and GL, we are now positioned to provide an enhanced set of benefits for our maritime customers. I look forward to lead our Maritime business and to ensure we remain the world's leading classification society. I would like to express my sincere thanks and appreciation to Tor Svensen for his excellent contribution.
Tor E. Svensen, CEO DNV ..., 1 June 2015 [cached]
Tor E. Svensen, CEO DNV GL - Maritime. Photo: DNV GL
Hybrid propulsion systems and connected ship solutions are emerging technologies that are gaining ground faster than expected, according to Tor E. Svensen, CEO DNV GL - Maritime, giving an update on the classification society's Shipping 2020 report.
"While operational efficiency and emissions reductions are the main motivators behind these developments, the update shows that the future fuel mix will be much more diverse," Svensen said. Though LNG as a ship fuel was one of the standouts in the 2012 report, its prediction of up to 1,000 LNG-fueled vessels by 2020 will most likely not be met, due to continuing high investment costs and slower development of infrastructure. However, as more bunkering options come in place, growth could accelerate, he added. Scrubbers, on the other hand, were seen as a regulatory compliance option that would not be a significant option until after 2020 and the introduction of tighter global restrictions on sulphur. Today, the scrubber market is developing faster than expected, with more than 200 confirmed projects. The rise of hybrid vessels was unanticipated in the original "Shipping 2020" report, Svensen noted. But the substantial drop in battery prices and improved energy storage capacity means that hybrid systems are now becoming a real option for the shipping industry. They are best suited for vessels with large variations in power demand, coastal trades and operations within emission control areas. The technology was also becoming applicable for some deep-sea shipping segments, for example in crane operations, he explained. Pilot projects indicate that hybrid technology is robust and leads to fuel savings of 15 per cent for an offshore vessel. A hybrid engine system allows the ship to operate at its most efficient point, regardless of power requirement or load. "Currently, there are already 33 hybrid vessels in operation or on order, and looking ahead it is possible this number will top 100 by 2020," Svensen said. Global high-speed internet coverage, increased computing power and Big Data solutions turn the vision of the connected ship into reality. Svensen expects that the spread of these technologies will enable the shipping industry to intensify its focus on enhancing operational efficiency. "By bringing together and analysing both data from on-board monitoring systems and from external sources, a comprehensive insight is gained of voyage, engine and hull performance", he said. "Voyage management based on shipboard sensors and AIS data, for example, can help to determine the optimal speed in all conditions and thereby reduce fuel bills." While enhanced safety through sensors and automation on board is another advantage of connected ships, the robustness and reliability of software dependent systems has to be assured. Applying Integrated Software Dependent Systems (ISDS) standards and verifying reliability through Hardware-in-the-loop (HIL) testing is therefore growing in importance. "Originally used for mobile offshore drilling units, we expect that ISDS standards and HIL testing will play a greater role for shipping in the near future - at first in some of the offshore vessel segments as well as for large passenger ships," Svensen said. Alongside these opportunities new threats are present: "As ships become more connected, they could fall victim to cyber attacks," he warned. To mitigate risks, Svensen recommended the development of guidelines and standards together with cybersecurity audits to improve systems protection.
Tor Svensen: Europe Must ..., 5 Mar 2015 [cached]
Tor Svensen: Europe Must Drive Maritime Sector
Europe has a major role to play in driving the maritime industry forward, said Tor Svensen, CEO of DNV GL - Maritime, in his keynote speech on innovation at the European Shipping Week in Brussels.
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