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DNV GL STANDOUT? 4. Future Rules: By virtue of the class society, and that’s a big plus equally relevant to power plants 1. R&D: We have a strong commit- merger, we had the opportunity for us. Two of the biggest themes to offshore platforms to ships at ment to research and innovation. to really review all of the rules, across all of our business are digi- sea. We are in a unique position

That is so important, to not only to take a fresh look and develop talization and de-carbonization. to take ‘lessons learned’ from have innovation in technologies something that is ? t for the future. Alternative fuels, automation, one area and accelerate progress but also in regards to business 5. Diversity: We are diverse for a machine learning, connectivity is across other areas.

process. Year after year we invest 5% of our revenue in research and innovation, either in house or in conjunction with our customers.

2. People. 85% of our staff have a university degree, with many masters and PhD level as well.

This helps because as I said be- fore, the world is not black and white, there are many shades of grey, and you need to be able to make good decisions.

3. Accessibility: Our global struc- ture makes us highly available to our customers, an accessibil- ity enabled by 350 of? ces in 100 countries.

“Quotable” “There is not another

China. China drove a lot of international trade and shipbuilding.

This is a (down) cycle, but the super cycle that we saw from 2004 to 2008 will not come again.” “Our projections today are a recovery in the deep sea segment at the end of 2018 begin- ning of 2019; with oil 795 Marconi Avenue • Ronkonkoma, NY 11779 USA and gas, rigs in particu-

TEL: (631) 737-1500 • FAX: (631) 737-1497 lar, it will take a bit lon- www.retlif.com ger. We might not see

NEW YORK • NEW HAMPSHIRE • PENNSYLVANIA

WASHINGTON D.C. • NORTH CAROLINA any rig building activity until 2020/21.” www.marinelink.com 43

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