Odyssey Marine Exploration, pioneers in the field of deep-ocean exploration, has recovered over 61 tons of silver bullion this month from a depth of nearly three miles. This recovery of bullion from the SS Gairsoppa, a 412-foot steel-hulled British cargo ship that sank in February 1941, consists of 1,574 silver ingots weighing about 1,100 ounces […]
July 23, 2013 | Posted in
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The Bermuda National Museum is conducting salvage operations of the naval warship Warwick that was hit by a hurricane in October 1619 and driven into the rocky shore of the Bermuda. According to maritime-executive.com, in 1969 Mendel Peterson, a famous Bermuda shipwreck hunter, located the remains of the warship and found that a good part […]
July 26, 2012 | Posted in
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Long time SeaBotix client Orca Maritime specializes in underwater security, survey, GIS, marine services and training. As a known expert in the local San Diego area Orca Maritime was contracted to recover a lost Experimental AUV. Armed with a new vLBV300 ROV system and an approximate last known location the team set out on the […]
March 23, 2012 | Posted in
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Endeavour International Corporation today announced that it is redeeming all of its outstanding $81.25 million of 6% Senior Notes due 2012 (the “Notes”) with a portion of the proceeds from its recently completed offering of common stock. The redemption will be made in accordance with the terms of the indenture governing the Notes. Endeavour expects […]
