Odyssey Exploration Begins 2013 Gairsoppa Operations

SeaDiscovery.com
Monday, June 03, 2013

Odyssey Marine Exploration, Inc., a company in the field of deep-ocean shipwreck and offshore mineral exploration, has begun 2013 operations on the SS Gairsoppa shipwreck site as scheduled. On May 22, the Odyssey team aboard Swire Seabed's Seabed Worker left port in Bergen, Norway. The team reached the Gairsoppa site and commenced operations on May 29, after several days awaiting the passage of an intense weather system.

In 2012, Odyssey recovered 1,218 silver ingots weighing approximately 1.4 million ounces from the Gairsoppa site. The company believes an additional 1,599 insured silver ingots and what could be a substantial amount of uninsured silver remains at the Gairsoppa site.

After completing silver recovery from the Gairsoppa, Odyssey plans to begin recovery operations at the SS Mantola shipwreck, which is believed to contain 600,000 ounces of silver. Recently obtained research indicates the likely location of the room where bullion would have been stored on the Mantola.

"Weather in the North Atlantic is now becoming more appropriate for operations and our 2013 recovery season on the Gairsoppa and Mantola has begun," said Mark Gordon, Odyssey's president and COO. "The team and equipment used last year aboard the Seabed Worker helped us successfully recover a record-breaking 48 tons of silver. This year we've added some very specific tools to our kit to maximize the efficiency of the expedition. The ship reports that all the equipment, including some new technology that was added over the winter, is working well and they have already made progress on the shipwreck."

www.odysseymarine.com

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

ICC Conference Focuses on Platform to Settle Disputes

The 5th ICC International Commercial Mediation Conference has brought together leading mediators, arbitrators, corporate managers and in-house counsel from around

Keystone XL Costs to Nearly Double - TransCanada

The total cost of TransCanada Corp's controversial Keystone XL pipeline is likely to nearly double following six years of regulatory delays, a company spokesman said on Friday.

Chevron To Find Buyers for Hawaiian Refinery

Chevron Corp has hired an investment bank to identify potential buyers of its 54,000 barrel-a-day refinery in Kapolei on the Hawaiian island of Oahu, a company official said.

Subsea Salvage

Phoenix International Awarded US$75-M Subsea Navy Contract

US Department of Defense inform that Phoenix International Holdings Inc., Largo, Maryland, is being awarded a $75,000,000 indefinite-delivery/indefinite-quantity,

Kongsberg AUV Pioneer Recognized by MTS Award

Kongsberg inform that Bjørn Jalving, Executive Vice President Subsea at maritime, offshore and subsea technology developer Kongsberg Maritime recently has been

Arctic Wreck Found after 169 Years

After more than 169 years, Canadian researchers discovered one of the two ships from the doomed Arctic expedition of Sir John Franklin, cracking one of the largest mysteries in sea exploration.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Pipelines Port Authority Salvage Ship Electronics Ship Simulators
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1843 sec (5 req/sec)