Page 43: of Maritime Reporter Magazine (February 2026)

RESOLVE MARINE & JOEY FARRELL III hen things go wrong at sea, they usual- ly go wrong quickly, publicly, and of- ten at enormous cost. Enter the marine salvor, a wholly unique maritime breed

Wthat is called into action and sometimes tasked to engineer and problem-solve on the spot and on the ? y. While the industry historically has, in some corners, had a ‘cowboy’ mentality and reputation, today’s quality marine salvor depends on detailed planning and execution at its core, and few companies understand this better than Resolve Ma- rine, and few leaders have grown up closer to that reality than

Joseph “Joey” Farrell III.

Headquartered in Fort Lauderdale, Florida, Resolve Marine has spent decades operating at the sharp edge of maritime risk, re- sponding to casualties, stabilizing vessels, protecting the environ- ment, and, increasingly, navigating a world where ships are larger, fuels are more complex, and tolerance for error is near zero.

Today, Resolve Marine operates a global footprint that re- ? ects both scale and readiness. The company maintains a ? eet of more than 40 specialized vessels, supported by hundreds of © Maritime Reporter & Engineering News | www.MarineLink.com full-time personnel and an expandable bench of technical spe-

Salvage today happens in real cialists. Its reach spans the Americas, Europe, the Middle East, and Asia, enabling rapid mobilization for emergency response, time, under a microscope,” said salvage, wreck removal, ? re? ghting, and subsea operations.

Farrell. “You’re working alongside

But numbers alone don’t tell the story. What differentiates federal agencies, regulators, and multiple

Resolve is not just capacity and horsepower, rather accrued contractors, all while the public is watching. years of salvage, engineering and business experience across the organization.

Preparation and coordination matter just as much as horsepower.”

GROWING UP IN SALVAGE

For Farrell, the path into maritime salvage was evolutionary rather than preordained. Raised around the business founded – Joseph “Joey” Farrell III, by his father, he absorbed the culture long before he under-

Resolve Marine stood the balance sheets.

“There’s a difference between knowing the company and knowing the work,” Farrell explains. “Once you’ve been off-

A BUSINESS BALANCING ACT shore during an emergency, you understand what this business

Salvage work is inherently unpredictable. Some years bring really is.” multiple large-scale incidents; others are quieter. Resolve has

That exposure shaped both respect for the technical exper- responded by deliberately diversifying its revenue base.

tise required and appreciation for the human dimension of sal-

While emergency response remains core to its identity, the vage work: long hours, high stress, and absolute dependence company has expanded planned-service offerings, including on teamwork.

subsea construction support, government contracting, off-

Now roughly two years into the CEO role, Farrell describes shore engineering, and military logistics. This balance allows leadership less as command and more as orchestration. Re-

Resolve to maintain readiness without relying solely on crisis- solve Marine, he notes, is built on specialists — divers, en- gineers, naval architects, mariners — whose judgment often driven revenue. “You can’t turn readiness on and off,” Farrell determines outcomes in real time. “My job isn’t to be the notes. “It has to be sustained.”

Recent projects underscore how salvage has evolved. Today’s smartest person in the room,” he says. “It’s to make sure the incidents rarely involve a single stakeholder or straightforward smartest people have what they need to succeed.”

Under his leadership, Resolve has emphasized internal solution. Instead, they demand coordination across regulators, insurers, environmental agencies, shipowners, and local au- communication, cross-functional coordination, and invest- thorities — often under intense public scrutiny. Resolve’s role ment discipline, recognizing that emergency response effec- increasingly extends beyond physical operations into orches- tiveness is shaped long before an incident occurs.

www.marinelink.com 43

MR #2 (34-49).indd 43 MR #2 (34-49).indd 43 2/5/2026 4:03:21 PM2/5/2026 4:03:21 PM