Ardent shifts HQ, gets new ceo, refocuses business on salvage

Ardent, formed in 2015 out of the merger of Svitzer Salvage and Titan Salvage, had moved to broaden its business into the offshore decommission space.

The company on Monday it would be moving its headquarters to Ijmuiden, the Netherlands with new top executive management comprising ceo, Oliver Timofei, and cfo, Jens Jaeger. Timofei was previously vice president – emergency management for Ardent.

The change in top management and move in headquarters from the US to Europe also sees refocusing its strategy away from decommissioning towards its core business of emergency management and wreck removal where the company sees itself as having a leading position.

“Ardent is well positioned to build its position as one of the global, market leading emergency management and wreck removal companies. We have over the last two years successfully executed on average over 25 major cases per year,” new Ardent ceo Timofei said.

 “We will continue to build our expertise and services within this space to effectively serve our clients within the maritime world, as well as develop new relationships in the oil and gas sector.”

Ardent is not completely moving out of the offshore decommissioning business but plans to be more selective in its approach.

“Ardent is committed to successfully execute all current decommissioning projects in implementation and going forward will focus selectively on subsea and decom projects that fit with Ardent’s core business,” he said.

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