The over 60 tons of silver, recovered by Odyssey Marine Exploration in July 2013, from the 4,700 meter deep SS Gairsoppa shipwreck, is documented, collected and stored aboard the Seabed Worker as Odyssey continues its 24 hour recovery 300 miles off the coast of Galway, Ireland. Photo courtesy Odyssey Marine Exploration.
TAMPA, Florida (AP) - A Florida-based deep-ocean exploration company says it has recovered more than 61 tons of silver bullion from a World War II shipwreck off the coast of Ireland.
Odyssey Marine Exploration said the recovery includes 1,574 silver
ingots weighing about 1,100 ounces each. The silver was recovered from a
depth of nearly three miles, and marks a record for the deepest and
largest precious metal recovery from a shipwreck, the company said.
company said the silver has been moved to a secure facility in the U.K.
It said its contract with the U.K. Department of Transport calls for
the company to retain 80 percent of the salvaged value of the cargo.
SS Gairsoppa is a 412-foot steel-hulled British cargo ship sunk in 1941
by a German U-boat about 300 miles off Ireland's coast. It sits 15,420
Odyssey said 2,792 silver ingots have now been
recovered from the Gairsoppa, which is more than 99 percent of the
insured silver reported to be aboard the ship when it sank.
company said sources including Lloyd's record of War Losses show that
uninsured government-owned silver may have been aboard the ship, but so
far, no uninsured silver has been found.
Odyssey used remote
vehicles to recover the silver. The company said the recovery was
complicated by the size and structure of the Gairsoppa, and the latest
silver was stored in a small compartment that was difficult to access.
Odyssey discovered the SS Gairsoppa in 2011.
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