(MIAMI) — Subsea Global Solutions (SGS), a leading commercial diving company, has acquired the commercial diving division of T&T Salvage Asia, Pte Ltd. (TTSA). The acquisition will serve to enhance SGS’ capabilities in Singapore and strengthen its position in the Asia-Pacific region.
“This is a strategic addition to our recent acquisition of Underwater Contractors Pte. Ltd. Singapore (UWC)," said Paul Peters, CEO of SGS. "Creating a single platform under the SGS umbrella with the most advanced technologies, special repair equipment, and more than 40 skilled diver/technicians will give us the optimum operational efficiency as well as the bench depth to deliver unparalleled value to our customers in this highly competitive market.”
“I am excited to take on the challenge of integrating both UWC and the commercial diving division of TTSA under the SGS brand and building the most capable commercial diving company in Singapore," said Capt. Satnam Singh Kumar, managing director, Asia-Pacific, for SGS. "TTSA has a great reputation and will complement UWC’s capabilities nicely, as we aim to transform the commercial diving industry globally, focusing to raise the bar on the safety and quality overall in all segments we operate in.”
About SGS
Subsea Global Solutions is the globally formed corporation with wholly owned assets and personnel in U.S. (Miami, Tampa, Long Beach, Houston, Port Angeles), the Caribbean (Curacao, Trinidad), Canada (Vancouver, Halifax, Saint John), South Korea (Busan), Singapore, Australia (Sydney), and Brazil. With dedicated staff situated globally, Subsea Global Solutions has revolutionized the methods of repair and maintenance for ships and advanced procedures used in underwater marine construction. All offices are approved by the major classification societies.
About TTSA
TTSA’s roots go back to 1957 when Kevin’s father, Rudy Teichman, established T&T Marine Ways Inc., a small shipyard on the end of Teichman Point in Galveston, Texas, which later expanded and specialized in salvage, emergency response and other related services along the Texas and Louisiana coasts. T&T Salvage, a leading salvage and wreck removal company has gradually expanded its global footprint with over 40 response locations across the U.S. and its territories, as well as operational bases in South America, Europe, and Asia.
For more information, visit www.subseaglobalsolutions.com.
