Ardent commemorates its initial birthday celebration

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Ardent Chief Executive Officer Peter Pietka: “We look forward to the exciting years ahead”

JUNE 3, 2016– Houston headquartered Ardent, the business produced by the merging of Crowley Maritime’s Titan Salvage and also the Maersk Group’s Svitzer Salvage, has actually simply commemorated its initial birthday celebration.

“One year ago, we set off with our business plans, and today we are pleased that the merger has progressed in line with these plans” stated Ardent Chief Executive Officer Peter Pietka, “although the market has been weaker than expected,” he included.

Prior to the merging, Svitzer Salvage focused on emergency situation readiness and also action, while Titan focused on big tasks. Ardent matched the toughness of Svitzer Salvage and also Titan to establish among one of the most durable solution offerings in the around the world salvage sector.

Now, Ardent has actually ended up being a leading solutions business with a considerable network, using ingenious remedies to the delivery and also overseas sectors.

“The integration of the two companies has gone well, and the merger targets have been achieved,” statedMr Pietka.

In its initial year, Ardent won and also carried out greater than 50 agreements with a solid security efficiency, and also no loss-time cases in its initial year.

“The current markets in the shipping and offshore sectors have affected our margins,” statedMr Pietka.

“Looking from a different perspective,” he proceeded, “the current oil and gas market provides us with a large opportunity to focus on offshore decommissioning. With the amount of knowledge and diversity between our partners and staff, and with a successful integration behind us, we look forward to the exciting years ahead.”

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