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SALVAGE BECOMES
ARDENT

Svitzer Salvage has joined forces with Titan Salvage, a leading wreck removal company, to create a new global marine services company.

The new company, named Ardent, began operations on 1 May 2015 and is owned equally by Crowly Maritime Corp., Titan’s parent company, and Svitzer. Ardent will bring together their strong heritages and expertise in an entirely new entity that will offer customers an even broader range of capabilities and marine related services.

The new company is headed by Peter Pietka, formerly CEO of Svitzer Salvage. “Ardent will be stronger and more efficient than either of the previous companies could be alone,” he says. “It will become an industry leader in wreck removal and emergency response, which are part of our extensive marine offering to the industry. Ardent will serve as a strong platform for new expansion opportunities in complementary businesses such as underwater services and offshore decommissioning.”

GREATER STRENGTHS, LOWER COSTS
The real power of the merged business, and its benefit for the industry, will be its ability to adapt to changing customer needs – as well as to the challenging economic conditions described on page three. Joining forces also brings economies of scale, as it allows the new company to reduce geographical overlap in their services in Europe, the US, Asia and Australia. The result is an organisation withgreater combined strengths, global reach and lower costs.

In recent years, Svitzer has focused on being the loss mitigation partner for the marine industry through their preparedness department and emergency response services. The creation of the new company with Titan is the next step to becoming the safe choice for the industry. Not only can customers trust that operations will be carried out safely, but they can also rest assured that their interests will be cared for to the highest standards. 

SIGNIFICANT GLOBAL FOOTPRINT
Ardent’s combined strengths means it can provide a stronger network in key global locations and that best practices can be shared globally. Ardent is headquartered in the US, in Houston, Texas, because of existing strong maritime industry connections there. Houston also offers close proximity to the offshore oil and gas industry, which is important for future growth with respect to decommissioning and ER/Preparedness services. The company will also have operational offices in the Netherlands, the United Kingdom and Singapore, as well as supporting offices in Australia, Brazil, South Korea, Greece and South Africa. 

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THE NAME SAYS IT ALL
“Ardent” means intensely devoted, and that is the culture the company wishes to create – absolute commitment to the things it does and to the customers and stakeholders it serves in the areas of:
• Risk mitigation
• Emergency response
• Wreck removal
• Offshore decommissioning
• Underwater services