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New United States treasure hunt for the cargo of a 17th century Spanish galleon
By m.p. - Mar 24, 2008 - 8:09 PM
ALSO SEE : • Spain convinced it will win the Odyssey treasure case, claiming the identity of the ship concerned is now known - May 8, 2008 - 5:47 PM
• Spanish Government confirms its interest in the Odyssey treasure find - May 2, 2008 - 7:48 AM

The Ocean Lady treasure hunting ship
The Ocean Lady treasure hunting ship
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The ship went down in stormy weather off the coast of the Dominican Republic in 1641
Marine Explorations INC. a United States marine salvage company is reported to be starting a new operation to find the treasure from a Spanish galleon which went down off the northern coast of the Dominican Republic in the 17th century.

The wreck is the Nuestra Señora de la Concepción, which was wrecked in a hurricane while sailing back to Spain in 1641. The remains of the ship are believed to hold treasure valued at 150 million dollars (the equivalent of more than 97 million €), including porcelain from the Ming Dynasty, together with hundreds of gold and silver coins. EFE reports that the company has exclusive permission from the government of the Dominican Republic, on the agreement that half the find will be handed over to the Dominican state.

The man responsible for the mission has, Burt Webber Jr. already, criticised the ‘policy of intimidation’ which he claims comes from the Spanish Government ‘when any Spanish archaeological remains are found’.

The expedition is reported to be setting sail from Miami this week, to remain at the site for five months.


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ALSO SEE :
• Spain convinced it will win the Odyssey treasure case, claiming the identity of the ship concerned is now known - May 8, 2008 - 5:47 PM
• Spanish Government confirms its interest in the Odyssey treasure find - May 2, 2008 - 7:48 AM
• Odyssey now not sure about the identity of treasure ship found off Spanish coast - Apr 19, 2008 - 10:57 AM
• Odyssey name the mystery Black Swan treasure ship - Apr 13, 2008 - 7:58 PM
• Court asks Spain and Odyssey Marine to settle differences on treasure find - Mar 6, 2008 - 10:12 PM
• Odyssey told to provide information on treasure find to the Spanish government - Jan 10, 2008 - 9:30 PM
• Call for a confidentiality agreement in the Odyssey treasure case - Nov 27, 2007 - 7:32 AM
• Odyssey Explorer leaves the port of Algeciras - Oct 21, 2007 - 12:49 PM
• Search of Odyssey Explorer reported to be completed in Algeciras - Oct 19, 2007 - 8:15 AM
• Judge releases the Captain of the Odyssey Explorer - Oct 17, 2007 - 4:37 PM

Comments

Jeff Kramer
24 Mar 2008, 23:23
This story has nothing to do with Odyssey Marine, but is about a company called Marine Exploration. The editors need to print a correction.
Rock Howard
25 Mar 2008, 00:20
You got the wrong company. Odyssey Marine has nothing to do with this contract. It is Maritime Explorations Inc. or something like that.

Also this ship is being revisited. The first excavation in 2004 discovered that all of the pottery was smashed by repeated hurricanes in the area. Some jewellery in good shape was recovered, but there is no compelling reason to believe that $150M in treasure remains.
editor
25 Mar 2008, 07:24
Apologies - this story has now been re-written
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