Log In

Reset Password
BERMUDA | RSS PODCAST

Former Premier to speak on mission to recover $150m of sunken silver

Sunken treasure: Former Premier David Saul with one of the recovered silver ingots from the <I>Gairsoppa.</I>

Former Premier David Saul’s marine exploration company will dive deep into the Atlantic to recover treasure from a torpedoed Second World War ship for the second time next week.Dr Saul told The Royal Gazette that Tampa-based Odyssey Marine Exploration Inc would be back at the site of the Gairsoppa off the Irish coast in ten days time.The merchant ship was sunk in 1941 and presumed lost with a cargo of almost 6,000 silver ingots, worth as much as $150 million.Odyssey was contracted by the British Government to salvage the treasure and to receive 80 percent of the haul if it was successful.The company found the wreck at a depth of 14,000 feet off south west Ireland and explored her last year, recovering silver worth about $48 million — a “world record”, according to Dr Saul.He will give an illustrated lecture on that haul, the subject of a recent Discovery Channel programme, at Bermuda Underwater Exploration Institute on Tuesday, May 28.Dr Saul, a director of Odyssey, said his talk would “cover the history of the ship, the technology involved in working some three miles down in the dark, and the skills, patience and humour of the crew who succeeded in the salvage, on behalf of the UK Government of some 2,018 of the ingots”.He added: “We recovered some 40 percent of the total before bad weather forced us to stop last October. However, I am happy to report that we will back on site in ten days time, with the objective of raising the remaining silver.“Odyssey has also located another British ship, the Mantola, torpedoed in 1914, some 50 miles away from the Gairsoppa.“The second ship holds a similar amount of silver. That second ship will no doubt be our next objective.His lecture starts at 7pm and tickets, priced $20 for members and $25 for non-members, are available on 292-7219.Useful websites:www.buei.org.www.shipwreck.net.