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 July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

KEP Marine Unveils KMGBL

KEP Marine – the manufacturer of type approved displays, computers and peripherals, announced  the release of the affordable, high-quality KMGBL Glass Bridge Light Displays.

New Load Measurement Solution for Port of Dampier

Strainstall designs and delivers a load measurement solution for the world’s largest floating wharf at Port of Dampier.   Strainstall, part of James Fisher and Sons plc,

Rolls-Royce Power Package for USS Zumwalt

Rolls-Royce announced delivery of the twin fixed pitch propellers to Bath Iron Works for installation on the U.S. Navy’s most modern surface combatant, the future USS Zumwalt,

Subsea Salvage

Wrecked 'Russian Submarine' Found in Swedish Waters

A wrecked mini-submarine was found last week in waters off of Sweden’s eastern coast.   Authorities believe it is a Russian model, primarily because of Cyrillic letters on the hull.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Sonar 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: 0.1443 sec (7 req/sec)