Shannon Buys Ardent's Australian Subsidiary

Maritime Activity Reports, Inc.

June 11, 2020

Ardent Oceania recently recovered containers lost from YM Efficiency off the coast of Australia. (Photo: AMSA)

Ardent Oceania recently recovered containers lost from YM Efficiency off the coast of Australia. (Photo: AMSA)

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.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week

Subscribe for Maritime Reporter E-News