U.S. salvage company Odyssey Marine Exploration Inc said on Monday it had found the sunken wreckage of a British cargo ship filled with silver in the Atlantic Ocean, where it was torpedoed by the Germans during the Second World War.
A ladder leading up onto the forecastle deck of the SS Gairsoppa shipwreck approximately 4,700 meters deep, Photo: Getty
The wreckage of the S.S. Gairsoppa was found in international waters 300 miles off the coast of Ireland, at a depth of 15,510 feet, the Tampa, Florida, company said.
The Gairsoppa sank on February 17, 1941, after it was hit by a torpedo from a German U-Boat. Only one of the 85 men on board survived.
The 412-foot (125-meter) ship was carrying cargo for the British Ministry of War Transportation when it was sunk.
Its cargo included about 7 million ounces of silver, the company said in a statement, which would make it the largest known cargo of precious metal ever recovered from the sea.
Odyssey Marine was awarded a salvage contract by the British government in 2010. Under the contract, the company will retain 80 percent of the net salvaged value of the silver bullion.
The ship was located using sonar, and a remotely controlled vehicle was used to send pictures of the wreckage to the surface.
"Given the orientation and condition of the shipwreck, we are extremely confident that our planned salvage operation will be suited for the recovery of this silver cargo," Andrew Craig, the Odyssey Marine recovery manager, said in a statement.
Recovery operations are expected to begin in the spring, the company said.
Odyssey Marine has been in a legal battle with Spain over 500,000 gold and silver coins it discovered in the Atlantic Ocean in 2007. Spain says the coins came from a Spanish ship that sank in 1804, Nuestra Senora de las Mercedes.
A U.S. appeals court ruled last week that U.S. courts had no jurisdiction in the case and it should be decided in Spain. Odyssey Marine is appealing.
|< Prev||Next >|
» National awards highlights contribution of volunteers
» Liquor products that caused 5 deaths under recall
» Untreated toxic waste excavated in central region
Latest Category Posts
- Lao National Assembly convenes sixth session
- Thai Prime Minister to run for upcoming election
- Malaysia, Brunei enhance bilateral relations
- Singapore to support CLMV central banks
- Train accident kills six in Indonesia
- Thai Army Chief reassures no coup d’etat
- Thai cabinet announces date for general election
- Philippines promotes trade with ASEAN countries
- Riot takes place in Singapore’s Little India
- Pakistan fashion casts off 'dark cloud' of extremism
Random Category Picks
Popular Category Posts
- Women in 15 nations need spouse's okay to work
- Mexican storm death toll jumps to 130
- Pakistan earthquake death toll rises to 348 as 20 more bodies recovered
- 93 killed as 7.7 magnitude earthquake hits SW Pakistan
- Israel showcases Iranian spy case as Netanyahu visits U.S.
- 51 killed in clashes in Egypt amid war anniversary celebration
- American, two Russians take shortcut to space
- Conservation 'tragedy' as endangered kiwis die in New Zealand zoo
- Iran's FM says nuclear talks 'constructive'
- Death toll in Nigeria plane crash hits 15
- UN panel in final push for new climate report
- 'At least 28 dead' in Nigeria college shooting
- Syria attack probe ends ahead of disarmament mission
- Fonterra confirms talks with Danone over botulism scare damages
- World population to shoot up to 9.7 billion in 2050: study
- Syria arms inspectors face unprecedented danger: UN
- UN Security Council okays plan to rid Syria of chemical weapons
- Thirty million people are slaves, half in India: survey
- Regulatory cloud hangs over e-cigarette revolution
- Mexico candy factory blast injures 40, 20 missing