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re: ‘Holy grail of shipwrecks’: recovery of 18th-century Spanish ship could begin in April

Posted on 3/19/24 at 11:07 am to
Posted by Mr Breeze
The Lunatic Fringe
Member since Dec 2010
6038 posts
Posted on 3/19/24 at 11:07 am to
quote:

The wreck’s precise location is a state secret to protect the site from looters, but Colombian authorities have revealed that it is 600 metres (2,000ft) below sea level – too far for divers to reach.

That’s misdirection it’s actually around 4,200 feet deep, water temperature at depth approximately 37 degrees f on a sandy seabed. It's approximate location has been know since the 80’s.

The cargo manifest was well documented and this ship is loaded. There are three or four more like it offshore Columbia.

Columbia or Spain will prevail in international court for ownership (my guess Columbia) the private salvage company is shite out of luck, case law is against them.

Full recovery cost ship and treasure is between $25 to $50 million, depending on how much is buried and requires dredging to uncover. Time consuming to do without damaging artifacts.

Marine archaeologists aren’t very good at recovery Ops they’ll need to hire professionals with experience doing that, the issue being they destroy things more often than undamged recovery.

If you go make sure you’re fully paid in advance, and leave the site when the money runs out.
Posted by deltaland
Member since Mar 2011
91208 posts
Posted on 3/19/24 at 6:38 pm to
quote:

Columbia or Spain will prevail in international court for ownership (my guess Columbia) the private salvage company is shite out of luck, case law is against them.


If you run a company that finds that type of stuff they should really keep the location secret until they get signed contracts for a percentage.

Don’t want to pay up? Too bad, find it yourself then
Posted by Mo Jeaux
Member since Aug 2008
59493 posts
Posted on 3/19/24 at 6:50 pm to
quote:

Columbia or Spain will prevail in international court for ownership (my guess Columbia)


Nah. I don't think the school has any sort of claim to the ship or its contents.
Posted by Penrod
Member since Jan 2011
40203 posts
Posted on 3/19/24 at 8:47 pm to
quote:

It's approximate location has been know since the 80’s.

If true then the gold is gone. No way $17 billion sits around where everyone knows it is and no one watches it yeat it’s still there.

This will end up like Geraldo’s vault.
Posted by SlidellCajun
Slidell la
Member since May 2019
10616 posts
Posted on 3/20/24 at 5:19 am to
quote:

Columbia or Spain will prevail in international court for ownership (my guess Columbia) the private salvage company is shite out of luck, case law is against them.



If it was insured, wouldn’t the insurance carrier have the rights?
Maybe Lloyd’s of london?
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