Shannon Buys Ardent's Australian Subsidiary
The Ardent Group sold its Australian subsidiary Ardent Oceania Pty Ltd to its managing director Drew Shannon. It will continue as an independent company under the new name United Salvage Pty Ltd.
Ardent, a maritime emergency management and wreck removal company created by the 2015 merger of salvage divisions of Svitzer and Crowley, announced last month it will no longer enter into new contracts from May 2020.
In April, it sold Ardent Americas LLC to dredging, offshore contractor and maritime services provider Royal Boskalis Westminster N.V.,
Ardent Oceania recently completed the high-profile recovery of containers lost by the vessel YM Efficiency off the coast of Australia.