Resolve Marine Group Acquires Magone Marine Services

MarineLink
Wednesday, August 28, 2013
(L.to R.) Dan Magone & Joe Farrell: Photo courtesy of Resolve Marine Group

Resolve Marine Group, based in Fort Lauderdale, Florida has agreed to acquire Magone Marine Services of Western Alaska. 

The result, say Resolve, will be a greatly expanded, emergency response and marine services company that combines the local expertise amassed by Magone Marine’s Alaskan salvors with the extensive resources, personnel, and vast salvage & wreck removal experience of Resolve Marine Group.

The newly-formed business will be named Resolve-Magone Marine Services (Alaska) and its formation coincides with increased vessel traffic now in the environmentally-sensitive Aleutian Chain. 

The partnership between the two privately-held companies will be homeported at Dutch Harbor, where Magone Marine is based, and its founder, Dan Magone, will continue overseeing operations.  Resolve has relocated two vessels to augment Magone’s fleet in Alaska:  the salvage tug, Resolve Pioneer with an 80-ton bollard pull capability, and the salvage barge RMG 300, which has a 450-ton capacity crane on board. 

“Dan Magone’s background is amazing and we’re really looking forward to adding his unique expertise to Resolve.  There’s no substitute for experience in our industry – and Dan sure has that,” said Joe Farrell, Resolve’s president. 

Magone Marine has operated out of Dutch Harbor for nearly 40 years, providing salvage, emergency marine assistance, and ship repair services in the Bering Sea region.  It has evolved from a diving services company to become the premier locally-based provider of emergency response and vessel maintenance services in the area by growing to meet the needs of the developing marine transportation, fishing, fish processing, marine construction, site remediation, and offshore oil industries.  Resolve-Magone Marine Services (Alaska) will continue to offer these services, while further expanding on them.

Resolve Marine Group, Inc’s multi-faceted marine services organization provides marine salvage, wreck removal, emergency response and OPA-90 SMFF services, as well as marine emergency response and safety training, naval architecture and marine engineering on a worldwide basis.

More information is at: www.resolvemarine.com


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