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Word: shipwreck (lookup in dictionary) (lookup stats)
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...massive warship sinks beneath the waves. For more than two centuries, Peter Monamy's dramatic painting was one of the few images available of the tragic end of HMS Victory, which mysteriously disappeared, along with its crew of 1,100 men, one stormy night in 1744. Now, however, shipwreck salvage company Odyssey promises to fill out the picture. On Feb. 2, the Florida-based company announced it had recovered the Victory's remains...

Author: /time Magazine | Title: The HMS Victory, Famed Shipwreck, Is Found | 2/2/2009 | See Source »

...This is the most significant shipwreck discovery in history," says Odyssey president Greg Stemm. "It's the solution to one of the most intriguing naval mysteries in history, it went down with the most famous admiral of his time, it has the largest collection of bronze cannon in the world onboard and research suggests that it has one of the largest shipments of gold and silver that will likely ever be found on a shipwreck."(Read an interview with two Titanic wreck divers...

Author: /time Magazine | Title: The HMS Victory, Famed Shipwreck, Is Found | 2/2/2009 | See Source »

...mystery is over," said James Goold, the lawyer representing the Spanish government, at a Madrid press conference on Thursday. "Odyssey stripped the gravesite of Nuestra Señora de las Mercedes." Although Odyssey representatives said they had sought to keep the shipwreck's exact location secret out of concern for the site's security, in January, the court ordered the American company to reveal its findings to Spain. That information, coupled with the government's own investigations, enabled Madrid to assert today that the sunken ship - and the trove of silver treasure it contained - rightfully belong to the Spanish state...

Author: /time Magazine | Title: Spain Claims Sunken Treasure | 5/8/2008 | See Source »

...deep surrendered one of its mysteries today. Ever since May 2007, when the American shipwreck salvage company Odyssey Marine gave its latest and most spectacular discovery the appropriately pirate-esque code name of "The Black Swan," controversy about the ship's true identity has spawned speculation and even litigation about who owned the lucrative shipwreck. Today, the Spanish government submitted evidence a Florida court that the ship was actually Nuestra Señora de las Mercedes, a Spanish navy frigate that sank in the early 19th century. In other words, that it was theirs...

Author: /time Magazine | Title: Spain Claims Sunken Treasure | 5/8/2008 | See Source »

...fine arts for the culture ministry. "It contains the human remains of our sailors." Those remains now look to play a significant role in Spain's legal strategy, as the case drags on in the Tampa court. One of Odyssey's arguments is that Spain had abandoned the shipwreck site - a justification that another salvager, Mel Fisher, used successfully to lay claim to a pair of Spanish ships sunk off the coast of Florida. But by contending that the shipwreck constitutes a "cemetery", Spain can say that it hasn't disturbed the site out of respect for its own dead...

Author: /time Magazine | Title: Spain Claims Sunken Treasure | 5/8/2008 | See Source »

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