Odyssey Marine Article...

mariner said:
Vox,

I understand the process. I already have dozens of documents associated with my project from the archives in both Seville and Mexico City. I am telling you that, meticulous as Spain was over documents, some things were kept secret and some things were falsified. You don't have to believe it, but it is true.

Mariner
Click to expand...
Mariner, that still happens today with governments, But such a large sum, you would think some one would have kept a record.
What I would like to know, what did odyssey present to Britain's Heritage department ? As Claudio said, ( show me some proof )
How is your book on Drake going.
Cheers, Ossy
 

Ossy,

It is not England or Britain proposing that they claim their rights under the UN Treaty, it is little old British Gibraltar. David vs the Spanish Goliath.

Never mind Mrs. Thatcher, keep an ear out for Drake and that old drum of his ;D. It will make a great final chapter for the book :headbang:

Mariner
 

mariner said:
Vox,

I have been involved for ten years with a project concerning two 16th century Spanish ships, and can state with certainty that some of the Spanish documents associated with them were falsified, and that some are almost certainly missing from the Spanish archives, so it is not just a problem with British records.

Nevertheless, it appears from what you say that Odyssey claim to have "secret" papers that they have chosen not to make public. Presumably they think that the adverse effects of doing so outweigh the benefits.

Mariner
Click to expand...

Mariner
the history is almost entirely false, but one of the truths of it are the shipwrecks. Very funny!
VV
 

AFP - Moody's Investors Service has slashed Spain's sovereign debt rating by a notch to Aa2 with negative outlook, saying it was uncertain about the country's ability to improve its finances.
In a statement, Moody's said it had also taken action because it feared Spain's massive bank restructuring plan would cost too much.

The statement said Moody's expected "the eventual cost of bank restructuring will exceed the government's current assumptions, leading to a further increase in the public debt ratio."
It voiced "concerns over the ability of the Spanish government to achieve the required sustainable and structural improvement in general government finances, given the limits of central government control over the regional governments' finances".

It also cited "the background of only moderate economic growth in the short to medium term."
Moody's removed Spain's top Aaa rating in September last year and said in December it was looking at a further downgrade.
 

Vox,

You are absolutely right. It is teh finding of the shipwreck that lets you find out whether the records are true or falsified. That's why the book I am writing is called "Lies, Damned Lies and Shipwrecks."

Mariner
 

mariner said:
Vox,

You are absolutely right. It is teh finding of the shipwreck that lets you find out whether the records are true or falsified. That's why the book I am writing is called "Lies, Damned Lies and Shipwrecks."

Mariner
Click to expand...
Mariner
great title. It will be a pleasure to read it .
VV
 

Jeff K said:
AFP - Moody's Investors Service has slashed Spain's sovereign debt rating by a notch to Aa2 with negative outlook, saying it was uncertain about the country's ability to improve its finances.
In a statement, Moody's said it had also taken action because it feared Spain's massive bank restructuring plan would cost too much.

The statement said Moody's expected "the eventual cost of bank restructuring will exceed the government's current assumptions, leading to a further increase in the public debt ratio."
It voiced "concerns over the ability of the Spanish government to achieve the required sustainable and structural improvement in general government finances, given the limits of central government control over the regional governments' finances".

It also cited "the background of only moderate economic growth in the short to medium term."
Moody's removed Spain's top Aaa rating in September last year and said in December it was looking at a further downgrade.
Click to expand...
Moody's jumped the gun !
http://www.telegraph.co.uk/finance/...rts-will-save-Spain-and-perhaps-the-euro.html
Ossy
PS, we need to increase rent charges.
http://en.wikipedia.org/wiki/Naval_Station_Rota,_Spain :tongue3:
 

Odyssey Executes Mining Services Contract With Clients of Robert Fraser & Partners

Press Release Source: Odyssey Marine Exploration, Inc. On Friday April 1, 2011, 7:30 am EDT

TAMPA, Fla., April 1, 2011 (GLOBE NEWSWIRE) -- Odyssey Marine Exploration, Inc. (Nasdaq:OMEX - News), a pioneer in the field of deep-ocean exploration, has executed an agreement to provide marine services including mining exploration and drilling operations to client companies of Robert Fraser & Partners LLP (RFP) in a tenement area controlled by Dorado Ocean Resources. The drilling will be conducted on a Seafloor Massive Sulfide (SMS) deposit that was surveyed by the Odyssey and Dorado teams during the first 100 days of exploration in Dorado's South Pacific concession areas in 2010.

Three separate areas have been identified for sample drilling in one tenement based on preliminary sample analysis. This contract is for exploration and drilling services in one of those areas. Additional contracts for the remaining two areas in the tenement are expected to be executed during the second quarter.

Odyssey is responsible for providing the research vessel, equipment, and technical crew to conduct the operation. The contract provides for preliminary cash payments totaling approximately U.S. $1.5 million to Odyssey plus additional payments based upon revenue derived from the project. After the repayment of mining costs, Odyssey will receive 50.2% of net revenue until an additional [Pounds]3.7 Million (approximately U.S. $5.9 million) has been received. The additional two contracts are expected to have similar terms. Odyssey may also benefit from successful monetization of the deposits because of the company's 41% stake in Dorado.

"We are pleased to have introduced clients who have executed the first of several planned mining exploration and drilling contracts with Odyssey and Dorado for our client companies," commented Colin Emson of Robert Fraser & Partners. "The deep-ocean mining exploration business holds great promise and we are happy to be able to introduce our clients into this opportunity at an early stage."
 

Alexandre said:
www.ca11.uscourts.gov/opinions/ops/201014396.pdf


Bray vs. Odyssey
Click to expand...

I sent an email to Odyssey, and got this reply.

"Thank you for your continued interest in Odyssey Marine Exploration, Inc.

The Eleventh Circuit Court of Appeals decision today was not related to the “Black Swan” case. The ruling today came down in a separate case (D.C. Docket No. 8:06-cv-01685-SDM-MAP) which was on appeal by a British researcher, Keith Bray, who alleges to have had an oral agreement with Odyssey related to the Merchant Royal shipwreck. (Odyssey actually had a written agreement with Bray for the purchase of some research materials, but all obligations, including payment in full for the research, have been met). The district court had ruled that it did not have jurisdiction in the case because even if the alleged oral agreement existed, it was not an admiralty contract. The appellate court’s opinion disagrees and remands the case back to the district court for trial. The ruling has nothing to do with the merits of the case and only holds that the district court does have jurisdiction in the case.

Although Odyssey agreed with the district court judge as to the issue of jurisdiction, we also pointed out to the appellate court that we welcomed the opportunity to try the case.

While we don’t want to read too much into the Eleventh Circuit’s decision on this case in relation to what the Eleventh Circuit may or may not do in the Black Swan case, we are encouraged that the Eleventh Circuit is not afraid to overrule the district court, and that it did find jurisdiction in a case where the trial court (with the same judge as the Black Swan case) found none.

I hope this information is helpful. Please let me know if you have any questions."
 

La Armada está "lista" para buscar pecios sumergidos frente a la costa
Nueve buques de cinco países realizan maniobras entre Alicante y Murcia
EFE - Alicante - 26/04/2011, El País


La Armada está "lista" para desarrollar las tareas de busca y localización de pecios históricos sumergidos frente a las costas para evitar el posible expolio del patrimonio submarino español.

Así lo explicó ayer en Alicante, con motivo de unas maniobras navales, el comandante de la Fuerza de Medidas contra Minas de España, el capitán de navío José Meca Rodríguez de Rivera. Este alto mando recordó que la Armada ya ha realizado este tipo de tareas en 2010, en la franja que va desde la desembocadura del Guadalquivir a Tarifa, cuando se hallaron más de un centenar de restos arqueológicos.

Esta faceta es una de las no exclusivamente militares que efectúa la Marina, un aspecto cultural todavía no demasiado conocido por las comunidades autónomas, según señala Meca, pese a lo cual los buques habitualmente especializados en la localización de minas están "listos" para esta tarea.

Para que la Armada se ocupe de esta preservación del patrimonio, es necesario que la autonomía que lo desee llegue a un acuerdo con los ministerios de Cultura y Defensa, como ocurrió en el caso de la costa gaditana.

Los navíos de guerra están especializados en localizar posibles pecios de los que se conoce su posible ubicación aproximada, y para ello hacen uso de avanzado instrumental, como sonares y vehículos submarinos.

Además de estas labores, las unidades contra las minas han participado en tareas de salvamento, como del helicóptero estrellado en enero de 2010 en la costa almeriense con tres fallecidos, donde un buque cazaminas halló los restos del aparato a 93 metros de profundidad.

También actuó tras el desastre marino del Prestige, donde los cazaminas contribuyeron a evaluar el impacto de la tragedia sobre los fondos marinos.

El comandante de la Fuerza de Medidas contra Minas de España hizo estas declaraciones a bordo del Diana, buque desde donde dirigirá durante los próximos días unas maniobras en aguas de Alicante y Murcia, en las que participarán nueve buques de cinco países con una tropa de medio millar de marineros y submarinistas.


http://www.elpais.com/articulo/Comu...rente/costa/elpepiespval/20110426elpval_8/Tes
 

So what prevents Governments like Spain from doing Salvage on Shipwrecks that might not be theirs. Like HMS Sussex?
 

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