Treasure Hunters Acquire Multiple Shipwreck Targets

SeaDiscovery.com
Wednesday, June 19, 2013

Blue Water Ventures International, Inc. (BWVI) has acquired shipwreck location data in international waters off the coast ofthe United States.

The data, which BWVI has purchased from Cobalt Blue Exploration, LLC (CBE), was collected during CBE's 30 years of commercial fishing enterprise.

BWVI plans an initial assessment of four of the sites, with preliminary dives and archaeological reviews launching in July under Chief Archaeologist James Sinclair, MA.

BWVI President Keith Webb commented that the Cobalt Blue Exploration research documents show modern and historic targets which fall in line with the Company's Phase II business model to conduct recovery operations in deep waters.

The intrinsic antique value of coins, bullion and other forms of shipwreck treasure is never easy to determine. In the final analysis, sunken treasure like all other antiques is only worth what a collector is willing to pay for it.

Professional appraisals are usually based upon the previous record of sales prices which comparative objects have realized. Widespread publicity from documentary films, traveling exhibits, high-profile magazine articles and professional publications always helps to enhance the collector's value of any shipwreck treasure.

http://www.bwvint.com


 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Furuno Establishes China Subsidiary

FURUNO ELECTRIC CO., LTD. announced that its new subsidiary in Hong Kong has been established and has commenced business operation on February 1, 2016.   The new subsidiary, FURUNO CHINA CO.

Edison Chouest Opening Mississippi Shipyard

Edison Chouest Offshore locating shipbuilding operations, TopShip, LLC, in Gulfport, Miss.   Gov. Phil Bryant and officials from Edison Chouest Offshore, an offshore

R&M Group Merges with Sea Level Marine

R&M Ship Technologies USA, Inc. has merged Sea Level Marine, LLC. in efforts to increase the range of services offered to the company’s global client base. By aligning resources,

Subsea Salvage

European Consortium Launches Blue Nodules Project

On 1 February a European consortium launched a new Horizon 2020 project: Blue Nodules. This project addresses the challenge of creating a viable and sustainable

Svitzer, Guangzhou Port JV to provide Towage

Guangzhou Port Group and Svitzer signed an MOU (memorandum of understanding) with the intention of forming a joint venture providing towage and related marine services for the Port of Guangzhou.

 
 
Maritime Security Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators Winch
rss | archive | history | articles | privacy | 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: 0.0832 sec (12 req/sec)