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Vulcan Inc News

11 Jul 2023

Wreck Site Identified as WWII Carrier USS Ommaney Bay (CVE 79)

USS Ommaney Bay (CVE-79) (Photo: Naval History and Heritage Command)

Naval History and Heritage Command confirmed the identity of a wreck site as USS Ommaney Bay (CVE 79) July 10. While operating in the Sulu Sea, Ommaney Bay was hit and eventually mortally wounded by a twin-engine Japanese suicide plane on Jan. 4, 1945.NHHC’s Underwater Archaeology Branch used a combination of survey information provided by the Sea Scan Survey team and video footage provided by the DPT Scuba dive team, to confirm the identity of Ommaney Bay. This information correlated with location data for the wreck site provided to NHHC in 2019 by Vulcan…

05 Apr 2021

Divers Find Deepest Known Shipwreck USS Johnston

(Photo: Caladan Oceanic)

A privately funded mission has found, surveyed and filmed the USS Johnston, the world’s deepest known shipwreck, offshore Samar Island in the Philippines Sea.The expedition was backed by Victor Vescovo, is an entrepreneur, explorer and retired U.S. Navy Commander who personally piloted his submersible DSV Limiting Factor down to the wreck during two separate, eight-hour dives 21,180 feet (6,456 meters) below the ocean's surface. These constituted the deepest wreck dives, manned or unmanned…

14 Mar 2019

Wreckage of USS Wasp CV-7 Discovered

The R/V Petrel, owned by Microsoft Cofounder and Philanthropist Paul G. Allen, at sea in search of the USS Indianapolis. (Photo courtesy of Paul G. Allen)

The expedition crew aboard the late Paul G. Allen’s research vessel (R/V) Petrel discovered wreckage from USS Wasp (CV 7), which was sunk in 1942.Wasp, found Jan. 14, was sunk Sept. 15, 1942, by four Japanese torpedoes from the Japanese submarine I-19 while escorting transports carrying the Seventh Marine Regiment to Guadalcanal as reinforcements. Of the 2,162 on board, 176 were killed as a result of the attack. The sunken aircraft carrier was found in the Coral Sea, 4,200 meters (nearly 14,000 feet) below the surface.“Paul Allen’s passion for U.S. history lives on through these missions.

15 Oct 2018

The Quest to Find and Explore USS Indianapolis

An image shot from a ROV shows a spare parts box from USS Indianapolis on the floor of the Pacific Ocean in more than 16,000 feet of water. (Photo courtesy of Paul G. Allen)

Sunk by Japanese torpedoes near the end of World War II, heavy cruiser USS Indianapolis disappeared to the darkest depths of the Philippine Sea, where it remained undiscovered for more than 70 years. Recently a team of civilian researchers led by Microsoft co-founder Paul G. Allen set out equipped with an arsenal of high-tech search equipment on a mission to locate the historic vessel last seen on July 30, 1945. The story of the USS Indianapolis is one of military might, heroism, tragedy, controversy and mystery.

29 Jan 2016

Microsoft Mogul's Yacht Destroys Coral Reefs

The anchor chain of 303-foot mega-yacht, the Tatoosh, belonging to Microsoft co-founder Paul Allen has been blamed for destroying a large area of protected coral reef in the Cayman Islands. It destroyed almost 14,000 square foot, or about 80 per cent,  of reef in a protected area in the West Bay area of the Cayman Islands, according to the islands' Department of Environment (DoE). Allen's Seattle-based Vulcan Inc organisation, which manages his fortune, said on Wednesday that the M/V Tatoosh was moored on January 14 in a "position explicitly directed" by the local port authority and that his team was co-operating with the investigation. CNN reported that Mr Allen could face a maximum fine of roughly $US600,000, not counting civil damages.

31 Aug 2007

Harris Joins Port of Tacoma

Paulette Harris recently joined the Port of Tacoma Finance Department as Senior Accountant. Before joining the Port, Harris was Senior Accountant for Vulcan Inc. (Seattle), responsible for financial statements and supervised the company’s annual budget and forecast process for operating expenditures. Previously, she was a Staff Accountant for Frank Russell Co. (Tacoma), where she managed monthly shareholder reporting for Frank Russell Investment Company. She also supported financial operations and administration for Frank Russell Trust Company funds.