April 21, 2015:  Crowley Maritime Corp. and Svitzer have reached an agreement to merge their salvage divisions to create a new company named “Ardent”. The company will be equally owned by Crowley and Svitzer, and will commence operations on 1 May 2015.

Svitzer Salvage, a longstanding market leader in emergency response, and Titan Salvage, a leading wreck removal company among other things known for raising the Costa Concordia, will bring together their strong heritages and expertise in an entirely new entity that will offer customers an even broader range of capabilities and marine related services.