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NEWS ABOUT: Odyssey Marine Exploration

Strapped Nations Seek Revenue in Sunken Treasure

US firm tracks long-lost cargo

(Newser) - Here's an alternative way to fix the deficit: Find long-lost treasure beneath the waves. Sounds like a fairy tale, but the British government has contracted a US firm twice this year to track down the remnants of shipwrecks. One is the British steam ship Mantola that sunk in 1917,... More »

In Case of Sunken Treasure: WikiLeaks, Nazis, a Painting

Lawyers: US offered to trade Spain shipwreck gold for Nazi loot

(Newser) - It's the stuff of movies: An American diplomat offered to help Spain regain $500 million in sunken treasure in return for its help in recovering a Pissarro painting allegedly stolen by the Nazis. Or so say lawyers for Florida-based treasure-hunting firm Odyssey Marine Exploration, who point to cables released by... More »

Shipwreck Found Off UK May Hold $1B in Treasure

Florida firm finds HMS Victory, lost in 1744

(Newser) - A shipwreck that could contain treasure worth over $1 billion has been found in the English Channel, Reuters reports. Florida’s Odyssey Marine Exploration discovered the wreck of the HMS Victory, an English flagship that was lost in a storm in 1744 with all 900 crew—and a stash of... More »

US Scavengers Spot Legendary Warship

Tons of gold coins could be on board sunken British warship

(Newser) - A US company has found a prized, 18th century British warship that may be worth millions, the BBC reports. Florida-based Odyssey Marine Exploration says it has spotted the HMS Victory, a man-o-war that sank in the English Channel in 1744 and has been sought by scavengers ever since. "Very... More »

US Firm Must Return Sunken Treasure: Spain

'We want it all back,' navy official says of $500M in booty from 19th-century wreck

(Newser) - Spain filed evidence today in support of its claim it is the rightful owner of a shipwreck loaded with $500 million in treasure discovered and looted by a US exploration firm, the AP reports. The Spanish government identifies the wreck, whose identity has been disputed over the past year, as... More »

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