British shipwreck holds £2.6 billion treasure...
- Thread starter jeff k
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I think this might be the ship in question. The Atlas of Shipwrecks lists platinum as part of her cargo.
http://www.uboat.net/allies/merchants/ships/2485.html
http://www.uboat.net/allies/merchants/ships/2485.html
wwwtimmcp
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a few salvors have clamshelled wrecks looking for platinum supposedly lost during wwII. the platinum was supposed to be used in making the a bomb. I'll believe it when I see it.
sabre15
Sr. Member
How much platinum is out there, is it detectable?
With the price compared to gold these days it would be nice to find some!
With the price compared to gold these days it would be nice to find some!
Harry_Morant
Bronze Member
Treasure may be trouble but for that much loot it'd be worth it 
Batavia
Jr. Member
I am afraid to say that it cannot be the City of Bath, as there is absolutely no record of her carrying such a precious cargo which could worth £2.6 billion. Copper is an expensive commodity nowadays, but not to this extend...
I have been working a lot on archives of the 2 World Wars ships losses. I suspect more that it is a scam more than anything else...
I have been working a lot on archives of the 2 World Wars ships losses. I suspect more that it is a scam more than anything else...
Its all a bit confusing. The article talks about an admiralty arrest. The admiralty arrest refers to a wreck found which plots off Cape Cod and which the company thinks is the Port Nicolson from the admiralty arrest documents. The article says the company insists the new find is not the Port Nicolson and describes a location of 40 miles off Gyuana. This seems to coincide with the City of Bath, which sank in December 1942. The article, quoting the company keep refering to a wreck sunk in June 1942 (when the Port Nicolson sank).
Then there is the reference to 3 lives being lost in the article, which makes it sound like the City of Bath. They are heading off with their new ship down to Gyuana according to the article.
Its all clear as mud.
I suppose they could have found two shipwrecks and they are being vague on purpose.
Tom
Then there is the reference to 3 lives being lost in the article, which makes it sound like the City of Bath. They are heading off with their new ship down to Gyuana according to the article.
Its all clear as mud.
I suppose they could have found two shipwrecks and they are being vague on purpose.
Tom
diverlynn
Hero Member
Friday, 30 January , 2009
Russia could have the right to file a claim for part of treasure worth billions of dollars on board a British cargo ship sunk by a German submarine during World War II, experts said.
The British cargo ship, torpedoed in June 1942 while carrying precious metals to the US to help pay for the Allied war effort under the Lend-Lease Act, was recently discovered by the Sub Sea Research company off Guyana.
The sunken ship, possibly called the Blue Baron, is believed to contain gold, platinum and diamonds worth some $3.7 billion. A large part of the cargo is thought to have belonged to the Soviet Union.
"There are grounds to think so," said Anatoly Kolodkin, President of the Russian Association of the International Maritime Law while responding to a query on whether Russia had the right to file a claim for the treasure.
The discovery came to light only after the Sub Sea Research company filed a claim on the treasure in a US court. Maritime salvage law is notoriously complex and the company's founder and co-manager Greg Brooks said it would do everything it could to claim the treasure for itself.
"I know that everyone possible will try to take it from us, but we are doing everything by the book," he was quoted as saying in Britain's Sunday Telegraph. "The worst-case scenario, under salvage law, is that we would get 90 percent of it."
Kolodkin said Russia has not yet lodged its claim for the treasure. He urged however that the documents that might prove that Russia, as a legal successor of the Soviet Union, "owns part of the cargo" be thoroughly studied.
Olga Kulistikova, Vice President of the Association of the International Maritime Law, said Russia could have the right for the claim if the Soviet Union had paid for the Lend-Lease differently after learning that the Blue Baron sank.
"If this is so, we can have the right for a part of the cargo based on the fact that the documents are found and it is confirmed that the ship was aimed for the payment (under the US programme of military and economic aid) and we received the Lend-Lease," she said.
Russia could have the right to file a claim for part of treasure worth billions of dollars on board a British cargo ship sunk by a German submarine during World War II, experts said.
The British cargo ship, torpedoed in June 1942 while carrying precious metals to the US to help pay for the Allied war effort under the Lend-Lease Act, was recently discovered by the Sub Sea Research company off Guyana.
The sunken ship, possibly called the Blue Baron, is believed to contain gold, platinum and diamonds worth some $3.7 billion. A large part of the cargo is thought to have belonged to the Soviet Union.
"There are grounds to think so," said Anatoly Kolodkin, President of the Russian Association of the International Maritime Law while responding to a query on whether Russia had the right to file a claim for the treasure.
The discovery came to light only after the Sub Sea Research company filed a claim on the treasure in a US court. Maritime salvage law is notoriously complex and the company's founder and co-manager Greg Brooks said it would do everything it could to claim the treasure for itself.
"I know that everyone possible will try to take it from us, but we are doing everything by the book," he was quoted as saying in Britain's Sunday Telegraph. "The worst-case scenario, under salvage law, is that we would get 90 percent of it."
Kolodkin said Russia has not yet lodged its claim for the treasure. He urged however that the documents that might prove that Russia, as a legal successor of the Soviet Union, "owns part of the cargo" be thoroughly studied.
Olga Kulistikova, Vice President of the Association of the International Maritime Law, said Russia could have the right for the claim if the Soviet Union had paid for the Lend-Lease differently after learning that the Blue Baron sank.
"If this is so, we can have the right for a part of the cargo based on the fact that the documents are found and it is confirmed that the ship was aimed for the payment (under the US programme of military and economic aid) and we received the Lend-Lease," she said.
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Treasure Hunter Visits Portland En Route To Shipwreck
Treasure Could Be Worth As Much As $5 Billion
POSTED: 7:33 pm EDT May 10, 2009
PORTLAND, Maine -- A real-life treasure hunter made a pit stop in Portland on his way to the find of a lifetime.
Capt. Greg Brooks was greeted by a crowd of well-wishers when he sailed his ship, the Sea Hunter, into the Marine Trade Center on Sunday afternoon.
The vessel will remain in Portland for about a week before it sets out for a secret destination near the coast of Cape Cod. That is where the crew will be searching for a ship that sank decades ago during World War II.
The sunken vessel is believed to be laden with a treasure trove worth $3 billion to $5 billion in platinum, gold and industrial diamonds.
If the search goes well, Brooks said the recovery will probably take a few weeks. The loot will then be divided among investors from Maine and Massachusetts.
Treasure Could Be Worth As Much As $5 Billion
POSTED: 7:33 pm EDT May 10, 2009
PORTLAND, Maine -- A real-life treasure hunter made a pit stop in Portland on his way to the find of a lifetime.
Capt. Greg Brooks was greeted by a crowd of well-wishers when he sailed his ship, the Sea Hunter, into the Marine Trade Center on Sunday afternoon.
The vessel will remain in Portland for about a week before it sets out for a secret destination near the coast of Cape Cod. That is where the crew will be searching for a ship that sank decades ago during World War II.
The sunken vessel is believed to be laden with a treasure trove worth $3 billion to $5 billion in platinum, gold and industrial diamonds.
If the search goes well, Brooks said the recovery will probably take a few weeks. The loot will then be divided among investors from Maine and Massachusetts.
allen_idaho
Hero Member
The S.S. City of Bath is about 80 miles out, off the coast of Venezuela. Not Guyana. The "Solon II" and "Birmingham City", however, are off the coast of Guyana.
The Solon II was sunk December 3, 1942. It's cargo was reported as Manganese ore and 200 tons "special" copper.
The Birmingham City was sunk January 9, 1943. It's cargo was reported as Machinery and Tin Plate.
Although I doubt that either of these are the ship in question. What I am sure about, is that it is definately not the City of Bath. One of the things that I hate about Nigel Pickford's books is that he seems to pick ships at random and say they have some vague cargo which they don't. It's like he just needed some padding for his books.
The Solon II was sunk December 3, 1942. It's cargo was reported as Manganese ore and 200 tons "special" copper.
The Birmingham City was sunk January 9, 1943. It's cargo was reported as Machinery and Tin Plate.
Although I doubt that either of these are the ship in question. What I am sure about, is that it is definately not the City of Bath. One of the things that I hate about Nigel Pickford's books is that he seems to pick ships at random and say they have some vague cargo which they don't. It's like he just needed some padding for his books.
ScubaDude
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Jeff K said:
allen_idaho
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Did you, or did you not read the article at the top of the page? 
ivan salis
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their not going to be overly clear about it needless to say -- and the "offical" shipping records might have been dummied up to prevent theft or info leaks --- the crew might not have really known what they were in fact carrying at the time . -- the fewer that know the fewer that can spill the beans.
as a researcher --- I know that this type of ultra valuible cargo might have been sent "blind" under false "cargo" papers to the the vessel that carried it , for security reasons -- darn bad luck catching a torpedo or two.
as a researcher --- I know that this type of ultra valuible cargo might have been sent "blind" under false "cargo" papers to the the vessel that carried it , for security reasons -- darn bad luck catching a torpedo or two.
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