Greg Stemm must be rubbing his manicured hands together in glee. His team of researchers and salvors have discovered another sunken ship with a cargo of silver. Found in the Atlantic, the British cargo ship was sunk by a German U-Boat during the Second World War (details below).
The numbers are already in and it is said to be worth £155 million; the so-called 'World's Most Valuable Shipwreck'. I have a little bit of an issue with that phrase as it determines value only in monetary terms, rather that in archaeological, historical or cultural ones. The ever-eager-to-capitalise-on-heritage-British Government (specifically the
****You may note the subtle emphasis on gold and silver on their website's banner by clicking here http://www.shipwreck.net/images/banner.jpg *****
| Maybe not the best thing to have an entire government hate you |
| Good old Greggy loves him some historic saleable gold |
![]() |
| I see Giorgio Tsoukalos when I look at this photo of Greg Stemm |
****CORRECTION: OME's PR FIRM CLAIM THAT ALL PUBLICATIONS OF EXCAVATION REPORTS ARE UP TO DATE - THEY HAVE SENT ME COPIES OF THESE REPORTS TO REVIEW. Ireland's international waters extend to ~230miles (200 nautical miles), though the UN has granted Ireland the right to extend its protection further, see http://www.independent.ie/national-news/new-un-resolution-allows-ireland-to-extend-its-territorial-waters-42433.html) Particularly relevant is the clause:
A clause in the convention stipulates that the exclusive economic zone can be extended to up to 350 nautical miles if countries can scientifically prove that their continental shelf extends beyond the 200-mile boundary. *****
ABOUT THE WRECK (from the Telegraph's article)

