MORE AND BEYOND OSSY
Bronze Member
Congratulations Jeff, Good news for Odyssey. Hopefully they will be able to pay back their investors.
Ossy
Ossy
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When you say “Neptune” has real vessels supplied by Fugro,which the vessels supplied by OME would fit in the moon pool..” , I presume you are actually talking about "Nautilus" (not Neptune) and their previous charter of the MV Fugro Solstice ?
"aside from my attempts at humor, how IS the permission to excavate the Victory coming along, this season maybe?"
Not sure it will come in the near future due to the short sighted archaeologist having a sulk.
Hopefully the Ministry of Defence will prevail in the inter governmental argument going on at the moment.
I believe the Explorer is on another interesting site at the moment and with the silver recovery ongoing the Victory can easily wait until next season.
VOC... Odyssey has been working the Victory site for several months, and has permission to start excavations.
Odyssey has permission to excavate the Victory? Why haven't they made that permission public?
I would guess the stockholders would want to know.
Greg Stemm, the chief executive of Odyssey, said it was the heaviest and deepest cargo of precious metal ever lifted from a shipwreck. The haul, he said, demonstrates that marine technologies have improved to the point that no sunken ship is too deep and no cargo too large for retrieval.
“People have been worried about the technology,” Mr. Stemm said in an interview. “This shows that we have it under control. We can pick up large amounts of silver.”
"Legal experts quoted in the Polish media are sceptical about the possibility of recovering the ancient debt due to the sheer amount of time that had passed."
Time certainly doesn't apply anymore to abandoned shipwrecks. Why should it apply to prior indebtedness?
VOC... Odyssey has been working the Victory site for several months, and has permission to start excavations.
You opened up a can of worms Jeff.