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

People & Company News

Garamendi Introduces Bipartisan GPS Backup Bill

Congressman John Garamendi (D-Fairfield, CA), the Ranking Member of the House Transportation and Infrastructure Subcommittee on the Coast Guard and Maritime Transportation,

Soo Locks Open for Great Lakes Shipping Season

At 12:01 a.m. on Wednesday, the U.S. Army Corps of Engineers officially opened the Soo Locks for the start of the 2015 Great Lakes shipping season.   The locks at Sault Ste.

Lack of Ship Definition is a Threat to Investors

AKD says the lack of an unambiguous term to describe a ‘ship’ in several jurisdictions represents a potential threat to asset security for financiers, particularly

Subsea Salvage

Salvage, Wreck Removal Beset with Chronic Problems

The basic nature of maritime casualties, salvage and wreck removal has evolved rapidly over the last few years. Ships and offshore constructions have become more technologically elaborate,

Moskito to Recover Oil from Sunken Wrecks

A tool for removing oil in submerged vessels was developed in Norway by Miko Marine. Moskito is designed to address the pollution threat that exists with the

Rolls-Royce to Supply Engines for First Seabed Mining Vessel

Rolls-Royce has secured a landmark agreement to supply six of its new B33:45 medium-speed diesel generator sets to China’s Fuijan Mawei shipyard for configuration

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Salvage Shipbuilding / Vessel Construction 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: 0.1461 sec (7 req/sec)