kea trader salvage

Focussing on Salvage, US-Based Ardent Moves HQ to the Netherlands

Mike Schuler
Total Views: 54
December 30, 2019

The MV Kea Trader aground on Durand Reef in New Caledonia in 2018. Photo credit: Ardent

Houston-based Ardent has announced it will be moving its headquarters to the Netherlands and refocussing its strategy away from offshore decommissioning in favor of its core business of marine salvage. 

Ardent’s new headquarters will be located in Ijmuiden, the Netherlands, where Ardent’s new CEO, Oliver Timofei, and CFO, Jens Jaeger, are based.

Meanwhile, Ardent says it will also focus its strategy towards emergency management and wreck removal, where it is already a market leader. 

Ardent was formed in 2015 with the merger of Svitzer Salvage, a part of the Maersk Group, and Titan Salvage, under the Crowley Group. At the time, the company had planned to diversify its services from traditional salvage to “a full range of emergency management services, project related work, offshore decommissioning and subsea services.”

“These moves will continue the positive momentum experienced in emergency management (emergency preparedness & emergency response) and wreck removal over the last 4 years and make Ardent more customer centric. Ardent will continue to provide its Global Preparedness Cover offerings as well as its OPA90 SMFF services for the USA,” Ardent said of its new strategy.

The refocussing of Ardent’s strategy and its move follows news from September that Ardent’s top management had received funding to buyout the company from Svitzer and Crowley, resulting in Ardent’s senior management becoming the main shareholders in the company.

The company’s four major operational hubs in the Netherlands, United States, Singapore and Australia, as well as its officers in Korea, Brazil, South Africa and the UK will be unaffected by the move.
“Ardent is well positioned to build its position as one of the global, market leading emergency management and wreck removal companies,” said Oliver Timofei, who prior to CEO previously served as Vice President – Emergency Management. “We have over the last two years successfully executed on average over 25 major cases per year. These have received praise from our key clients and recognition from the industry overall. This demonstrates Ardent’s strong capability in these areas. We will continue to build our expertise and services within this space to effectively serve our clients within the maritime world, as well as develop new relationships in the oil and gas sector. Ardent is committed to successfully execute all current decommissioning projects in implementation and going forward will focus selectively on subsea and decom projects that fit with Ardent’s core business.”

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