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Joseph Farrell, III, Resolve Marine oices doesn’t work as well in a public or pure corporation with shareholders expecting quarterly dividends, peo- ple who don’t understand risk, according to Schauer.

“We live and die by our projects,” he said. “The carrots of big reward carry big liability.”

With a diverse ? eld staff including female divers, the company renowned for cleaning up the biggest messes in the world still chases every wreck removal, providing emergency response during disasters from the Value Jet crash to contracting with USCG for cleanup after Hurricane Harvey.

Environmental compliance: The Fnal Frontier

Integrated business units help support projects with a stable business model, like Resolve Marine Acad- emy, which has trained nearly 50,000 crew in disaster response, including employees of Royal Caribbean and Shell. Remarketing salvage is now a company mantra, as salvage operations previously protected cargo. Now, salvage is dedicated to protecting the environment. With oil spill response for all ports in

China and developing countries, Resolve supports readiness for OPA 90. The business has changed since the days of ballasting fuel tanks, washing cargo and pumping the residual overboard. “Any island country with tourism doesn’t want to see a drop of oil,” said Farrell, adding “Shipping is getting safer all the time. OPA proved we can reduce accidents signi? cantly by creating a standard. We take the place of the responder and charge to keep stan- dards, understanding requirements because we are ready 24/7.”

At the Helm

Behind the scenes at the last salvage company run by salvors, father and son don’t always work together very closely. About 10 years ago, when Joey came aboard, his father started passing the baton. “We have our differences, but it’s as good as it gets,” said Joey. “We don’t have arguments, we talk it through.”

Farrell graduated from Cornell University with an

MBA and a masters in ocean engineering from Florida

Institute of Oceanography. He received his license as 3rd assistant marine engineer, unlimited tonnage, and chief engineer 4000HP, from Massachusetts Maritime

Academy. While he worked during summers at Re- solve, Farrell’s ? rst job was as a lifeguard. He consid- ered a career as a helicopter pilot, although now just ? ies for fun whenever he can. He enjoys developing programs for web applications, playing guitar, ? sh- ing, reading and investing. Hard work, a lot of hours, and thought into every decision energize Farrell’s daily life. His turn-on is ? xing problems, which bodes well leading a company that protects life, the environ- ment and property at sea. “I like the methodology of a well-oiled machine,” said Farrell. “I like productivity, stuff getting done - quicker, faster, cheaper, better - and going through the numbers to ? nd a solution and data. I don’t care for negativity or problems without proposed solutions.”

His secret to success? He’s not sure, but is grateful to increase scalability with the same ethics his father taught him. “Do I have success yet?” quipped Farrell.

Images: Resolve Marine Group “I don’t know. My goal is just to not screw this up.” 32 Maritime Reporter & Engineering News • NOVEMBER 2018

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