December 2015

With offices and response depots in London, Cork, and now Gibraltar, RESOVE is a leading responder across these regions

Fort Lauderdale, Fla. Dec. 22, 2015— RESOLVE Marine Group continues to invest in its global response capabilities with its recent acquisitions of Steel Mac Ltd., a Gibraltar-based diving, salvage and marine services provider, and TP Towage, which serves as the only provider of harbor towage in and around the Port of Gibraltar.

We are pleased to announce our recent investments in Gibraltar and are very excited about establishing a salvage station locally. Gibraltar’s strategic location, stable modern governance and thriving economy are many of the benefits we have identified during our decision process,” said Joe Farrell, President and CEO of RESOLVE Marine Group.

This strategic move builds on RESOLVE’s commitment to continued growth of the company’s emergency response capabilities in Europe and Africa. In addition to Gibraltar, RESOLVE maintains response depots in Singapore, Mumbai, Shanghai, Cork, Ireland, and Dutch Harbor, Alaska. The company also maintains fully stocked response depots across the United States and offices in Fort Lauderdale, Florida; Mobile, Alabama; New Orleans, Louisiana, as well as Anchorage and Dutch Harbor, Alaska.

RESOLVE has positioned its 144tbp salvage tug, the RESOLVE BLIZZARD, in Gibraltar to provide firefighting, oil pollution control and emergency response services for the maritime industry across the Mediterranean, Africa, and Europe.

For more than 25 years, SteelMac has served the region around the Port of Gibraltar and North Africa with a wide range of support services including vessel emergency response, diving and R.O.V services, oil pollution response, marine/cargo surveying, waste handling, and plant hire.

“We are delighted. RESOLVE brings investment and global know-how to the table, which together with our established local reputation and infrastructure, can only benefit our community in the Mediterranean, North Africa, and the Port we operate in,” said Elias Tapiero, who previously served as Managing Director of Steel Mac and is now Business Development Manager for Resolve Salvage & Fire Gibraltar. “This also enables us to further enhance the services we offer and to provide these at a global level,” he added.

When T.P. Towage Company was established in 1998, the company had been operating in the Port of Gibraltar for more than two decades previously as Howard Smith Towage and as its predecessor Alexandra Towing Company. T.P. Towage is a member of the British Tugowners Association and is an ISO 9001:2008 & BSOHSAS 18001:2007 accredited business.

The company provides harbor towage and towage related services in and around the Port of Gibraltar. It also offers a number of additional services such as Off Port Limits (OPL) operations and a complete ship-to-ship package that includes delivery and retrieval of related equipment and transfer of personnel.

As part of RESOLVE’s commitment to safety and its clients, the company also offers shipboard fire and safety as well as bridge navigational and simulation training though its subsidiary, Resolve Maritime Academy. The Academy has trained nearly 30,000 personnel to date and offers a variety of courses applicable to tanker, offshore vessels, cruise line, and private yacht crew.

RESOLVE Marine Group, Inc. is a leading, global marine services organization offering unparalleled services in marine salvage and wreck removal, OPA-90 coverage and emergency response, as well as naval architecture, marine engineering, and maritime safety training. RESOLVE is an ISO9001 certified company; for more information, visit www.resolvemarine.com

For information on our services in and around Gibraltar, please contact:

Peter Robinson, Commercial Manager, at +350 5600 2919 or probinson@resolvemarine.com

Elias Tapiero, Business Development Manager, at +350 200 74214 or etapiero@resolvemarine.com

For media inquiries or high resolution images, please contact Sela Foukimoana at +1 954 764 8700 or sela@resolvemarine.com