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

People & Company News

Aftermath of Scotland Independence Referendum: Platten Speculates

After the referendum debate on Scottish independence Guy Platten, Chief Executive Officer of the UK Chamber of Shipping has called for the divisions created by the campaign to be healed.

Impact of CITGO Oil Refineries Sale: Analysis

A sale of Venezuelan state oil company PDVSA’s Citgo refining assets could dramatically change crude oil flows: Poten & Partners consider the outcomes in their latest 'Tanker Opinion'.

MSC Award Two Time-Charter Contract Modifications

The US Department of Defense informs that Offshore Service Vessels, Inc., and Sealift, Inc., have each been awarded time charter option extensions by the US Navy's

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 Navigation Offshore Oil Pipelines Salvage Ship Electronics Ship Repair Ship Simulators Sonar
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: 0.1260 sec (8 req/sec)