Founder of Titan Salvage, David Parrot, Dies

David Parrot, founder and former chief of Titan, died at the age of 65 Wednesday morning after a battle with cancer. He is survived by his wife Penny and sons, Hunter and Gage. A private family service is scheduled for this weekend in Maine.

David began his life at sea in 1945 in Newfoundland, when he moved aboard his father's schooner at the age of 6 weeks.

In 1980 David sought to purchase the tug TITAN from a Dutch firm but befreo he could get the funding together she was sold. He instead bought another tug, NESTOR and Titan Towing and Salage was born. He worked hard with his one tug to make a name for himself and his company and in 1982, Titan’s tug “NESTOR” and her crew were hired as sub-contractors to assist one of the Dutch firms on a salvage/wreck removal in the Caribbean.

When the job was no longer economically feasible for the Dutch firm, Titan took over the operation (more as a challenge than from any point of business logic) and completed it. This success was a milestone for the company, marking the first of a long series of salvages and wreck removal jobs, which continues to this day. During the 80s the company acquired more tugs, barges and cranes, enabling it to build a regional salvage and wreck removal business in the Caribbean.

David’s passion for salvage and creativity accelerated the company into the salvage field on a worldwide basis and today the company is headquartered in Pompano Beach, Fla., with offices in Newhaven, UK, and Sao Paulo, Brazil, and equipment depots in Batam, Indonesia, and Dubai, UAE.

David continued to act, as Vice President and was involved in all aspects of Titan's work, from job development and project conception, while still remaining a hands-on advisor for Titan's on-going projects.

Throughout his career David touched many lives and always stood strongly by his word. Friends of David say he was always extremely enthusiastic and will by greatly missed by many.