News Feeds
Coin Collecting NewsOdyssey Marine Exploration Files Admiralty Arrests on Two Shipwreck Sites
Tampa, FL - May 29, 2008 - Odyssey Marine Exploration, Inc. (NasdaqCM: OMEX), the world leader in the field of deep-ocean shipwreck exploration, today filed Admiralty Arrest Complaints in the U.S. District Court for the Middle District of Florida on two separate shipwreck sites recently discovered by the Company.
Both sites lie within the general area of the English Channel but are outside the territorial waters or contiguous zone of any sovereign nation. The sites both contain cannon and other artifacts which are believed to date from the Colonial period. Odyssey has conducted preliminary surveys but has not yet been able to confirm the identity of either site. The Company’s archaeological and conservation teams are currently developing archaeological excavation and conservation plans for both sites.
As with other shipwreck sites that the Company discovers, if either site can be identified, any potential claimants will be notified through appropriate private or public notices.
Odyssey’s core business is shipwreck exploration and archaeological excavation, so filing arrests on shipwreck sites to protect the Company’s legal interests occurs in the normal course of business. For security reasons, no additional information about these sites is being released at this time.
Related Articles
- Odyssey Marine Exploration motions granted in two Admiralty cases
- Judge Grants Motion in North Carolina Shipwreck Case
- Court Grants Odyssey’s Motion for Protective Order in Pending Admiralty Cases
- Spain’s Claim To One Of Odyssey’s Shipwreck Cases Dismissed
- Ruling Allows Odyssey Shipwreck Cases to Move Forward
- Odyssey Marine Exploration Shipwreck Expeditions to Become World Premiere Series on Discovery Channel
- Recovered treasure came from Spanish shipwreck
- Judge: Explorers will share shipwreck details with Spain
- Odyssey Marine Exploration announces Q2 Results
- Judge tells Spain, treasure hunters to reach accord on evidence
- Judge tells Spain, treasure firm to agree on sharing information
- U.S. treasure-hunter wants settlement with Spain
- Peru Filing Claim In “Black Swan” Case
- Odyssey Marine identifies two wrecks in court
- US court ruling keeps location of shipwreck treasure secret
- British-Spanish relations tough over treasure fight
- Canadian who found Black Swan wreck agrees to settle insider-trading charges
- Big business of deep-sea treasure hunters
- Spain claims all treasure from The Black Swan
- Stand-off as Spain stakes claim to golden find
About the Author
Odyssey Marine Exploration, Inc. (NasdaqCM:OMEX) is engaged in the exploration of deep-water shipwrecks and uses innovative methods and state-of-the-art technology to conduct extensive deep-ocean search and archaeological recovery operations around the world. Odyssey discovered the Civil War era shipwreck of the SS Republic in 2003 and recovered over 50,000 coins and 14,000 artifacts from the site nearly 1,700 feet deep. In May 2007, the Company announced the largest historic deep-ocean treasure recovery of over 500,000 silver and gold coins, weighing 17 tons, from a Colonial era site code-named "Black Swan." Odyssey has several shipwreck projects in various stages of development around the world. Odyssey offers various ways to share in the excitement of deep-ocean exploration by making shipwreck treasures and artifacts available to collectors, the general public and students through its webstore, exhibits, books, videos, merchandise, and educational programs. Odyssey's "SHIPWRECK! Pirates & Treasure" exhibit is currently on display at the Museum of Science and Industry in Tampa, FL. For details on the Company's activities and its commitment to the preservation of maritime heritage please visit www.shipwreck.net. For additional information, please contact Natja Igney, Odyssey's Manager of Corporate Communications, at 813-876-1776.
