Make us your home page
Instagram

Odyssey Marine claims 2 new shipwreck discoveries

Odyssey Marine Exploration Inc. is telling the world it has found two more shipwrecks. But, as is typical in the top-secret world of treasure hunters, the Tampa company isn't saying much more.

Odyssey filed papers Thursday in U.S. District Court in Tampa saying it has discovered a pair of shipwreck sites in the region of the English Channel.

While the exact locations of the sites were not disclosed, Odyssey said they are "outside the territorial waters or contiguous zone of any sovereign nation."

The deep-sea exploration company said it has conducted preliminary surveys at the wreck sites and found both cannons and other artifacts believed to date from the colonial period. It has not yet confirmed the vessels' identities.

Odyssey's court filing, called an Admiralty Arrest Complaint, is intended to protect the company's legal interests and give it exclusive salvage rights. Once the sites are identified, the company said any potential claimants will be notified. Since the company was started in 1986, Odyssey has laid claim to eight sites and acquired one additional site, off the coast of North Carolina.

Odyssey's stock rose 27 cents to close at $4.96 on word of the discoveries. For the past year, the company has been tangled in a legal battle with Spain over its right to an estimated $500-million in silver and several hundred gold coins found on a wreck code-named "Black Swan."

Odyssey received $2-million for its deal this week with Discovery Channel for an 11-episode series to air in 2009. The company lost $6.8-million, or 14 cents a share, for the quarter ending March 31.

Kris Hundley can be reached at hundley@sptimes.com or (727) 892-2996.

Odyssey Marine claims 2 new shipwreck discoveries 05/29/08 [Last modified: Friday, May 30, 2008 3:05pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Grocery chain Aldi hosting hiring event in Brandon Aug. 24

    Retail

    BRANDON — German grocery chain Aldi is holding a hiring event for its Brandon store Aug. 24. It is looking to fill store associate, shift manager and manager trainee positions.

  2. Lightning owner Jeff Vinik backs film company pursuing global blockbusters

    Corporate

    TAMPA — Jeff Vinik's latest investment might be coming to a theater near you.

    Jeff Vinik, Tampa Bay Lightning owner, invested in a new movie company looking to appeal to a global audience. | [Times file photo]
  3. Trigaux: Look to new Inc. 5000 rankings for Tampa Bay's future heavyweights

    Business

    There's a whole lotta fast-growing private companies here in Tampa Bay. Odds are good you have not heard of most of them.

    Yet.

    Kyle Taylor, CEO and founder of The Penny Hoarder, fills a glass for his employees this past Wednesday as the young St. Petersburg personal advice business celebrates its landing at No. 25 on the 2017 Inc. 5000 list of the fastest growing private companies in the country. Taylor, still in his 20s, wins kudos from executive editor Alexis Grant for keeping the firm's culture innovative. The business ranked No. 32 last year. [DIRK SHADD   |   Times]
  4. Ford's Garage opens new Westchase spot

    Business

    Ford's Garage opened its sixth Florida location in Westchase this week.

    hillsevbiz081817: Ford's Garage opened its sixth Florida location in Westchase this week. Photo courtesy of Ford's Garage
  5. Carls Patio celebrates great outdoor furnishings in Carrollwood

    Business

    CARROLLWOOD — While many northerners are shoveling snow, Floridians are lounging poolside in the middle of winter.

    hillsevbiz081817: After selling outdoor and patio furniture in locations in South Florida since 1993, Carls Patio has opened its first store to open in the Tampa Bay area and there are plans for more. Photo courtesy of Carls Patio.