After five years in business, global salvage firm Ardent says it will no longer be entering into new contracts from May 2020 onward. Ardent, a leading emergency management and wreck removal company, was formed in 2015 with the merger of Svitzer Salvage, then part of the Maersk Group, and Titan Salvage, part of U.S.-based Crowley Group. Since its inception, Ardent says … [Read more...]
Boskalis Expands OPA-90 Salvage Services with Acquisition of Ardent Americas
The Donjon crane barges Farrell [left] and Columbia [right], work to clean residual fuel oil from tanks inside the M/V Golden Ray, St. Simons Sound, Dec. 3, 2019. Photo: St. Simons Unified Command Dutch marine services firm Royal Boskalis Westminster N.V. has announced the acquisition of maritime emergency response specialist Ardent Americas, helping expand its OPA-90 … [Read more...]
Focussing on Salvage, US-Based Ardent Moves HQ to the Netherlands
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 … [Read more...]
Ardent Top Management to Buyout Partners Svitzer, Crowley
Top management of US-based salvage and offshore decommissioning company Ardent will buy-out the company from founding partners Svitzer and Crowley after receiving financial support. The financing will come from AURELIUS Finance Company, an alternative direct lender. The deal will see Ardent’s senior management team become shareholders in the company. The financial terms … [Read more...]
Ardent Partnership Creates New Salvage Leader in Eastern Mediterranean
Global maritime salvage company Ardent has teamed up with one of Greece's largest providers of tugs and a leading expert in pollution control in the region to provide emergency response services in the Eastern Mediterranean. The partnership combines the expertise of Ardent and two Greece-based companies, Vernicos Tugs and Salvage and Environmental Protection of … [Read more...]