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This profile was last updated on 7/30/15  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.
186 Total References
Web References
"The potential savings don't justify the ..., 30 July 2015 [cached]
"The potential savings don't justify the investments that would be needed to make unmanned shipping safe," Tor Svensen, chief executive officer of maritime for DNV GL, the largest company certifying vessels for safety standards, toldBloomberg News.
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.
Management, 11 July 2013 [cached]
President of DNV Maritime and Oil & Gas, Tor E. Svensen.
The Futurenauts: Tor E ..., 1 Jan 2015 [cached]
The Futurenauts: Tor E Svensen
Home> Featured>The Futurenauts: Tor E Svensen
Tor E Svensen
There will be very few amongst you who don't recognise Tor E. Svensen. As CEO of DNV GL Maritime, the biggest class society in the world, he occupies a key position in influencing how shipping embraces its technology-enabled future.
A maritime man through and through, Tor has a degree in naval architecture and shipbuilding, plus a Ph.D for good measure and has spent his professional life dedicated to the industry. A former Chairman of the IACS, he joined what was then DNV in 1993 and led the merger of DNV and GL in 2013.
Under his leadership DNV GL has outlined a vision of shipping's future which leverages a range of new technologies to meet ambitious safety and sustainability goals. Both the Shipping 2020 report and the ambitious Future of Shipping report have demonstrated that it isn't only data-centric start-ups that see the potential technology can offer shipping. It may have celebrated its 150th anniversary last year, but DNV GL's innovation credentials are in no doubt.
DNV GL is one of the class societies really setting the agenda in terms of the technology-enabled future, and when I met Tor last year it was clear to me that energy comes from the top. I wanted to understand more about where he saw the future taking maritime, and why, so I'm delighted he agreed to become the first Futurenaut of 2015. Here's what he told us.
Futurenautics: DNV GL recently unveiled the Re-Volt concept, an unmanned, short-sea vessel powered by a 3,000 kWh battery. It's designed to act as an inspiration to the industry. With the technology to make it a reality already available is inspiration the real problem in shipping?
Tor Svensen: DNV GL has been involved in many advanced joint development projects (JDP) within the maritime industry - so even though the industry faces many challenges, I don't think a lack of inspiration is one of them.
Futurenaut Interview: Tor E Svensen 1.14 MB
Tor Svensen: We have seen over time a development towards almost zero tolerance towards serious accidents and large scale environmental damage.
Tor Svensen: Different industries have valuable lessons to learn from each other and they can benefit from technological advances in other fields. Who would have thought for example, that old oil tankers could be used as mobile water filtration plants?
Tor Svensen: New regulations, market pressures and an increased public demand for more transparency are affecting the dynamics of our industry.
Tor Svensen: The risk of failure is built into every human endeavour, because we can never account for every eventuality.
Tor Svensen: I will not get into finger pointing as I believe that significant steps have been taken in improving safety in shipping over the past two to three decades.
Tor Svensen: The maritime industry could be making much more extensive use of data from a wide range of sources.
Tor Svensen: Most certainly, the decision to invest in Marine Cybernetics was driven by the increasing importance of software dependent systems in ensuring safe, reliable and efficient operations.
Tor Svensen: This was one of the scenarios, but not one that I believe will come through.
Tor Svensen: Connectivity and Big Data have the potential to transform the way the industry works, helping ship owners and operators significantly improve the performance of their fleet, increase the safety of their vessels, reduce operational costs and become more efficient.
Tor Svensen: As we drive safety improvement forward, what I will miss least is reading about new accidents.
Tor Svensen: Class has evolved with the industry.
Tor Svensen: Those who know me know that I can be a bit of a technology freak, so this is difficult.
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