In 1982, Sea Search Armada, a salvage company owned by American investors announced that it had found the San Jose 700 feet deep. Two years later, Colombia's government overturned a well-established maritime law that gives 50 percent to whoever locates a shipwreck and slashed Sea Search's finders fee down to 5%.
A lawsuit by them was dismissed in a Washington, D.C. federal court in 2011 and affirmed on appeal two years later. Colombia's Supreme Court has ordered the ship recovered before the international dispute is over.
President Santos says this ship was discovered at a different site than the Sea Salvage one thanks to new meteorological and underwater mapping studies.
No humans have yet to reach the wreck but underwater vehicles have and brought back photos of dolphin-stamped bronze cannons that leave no doubt as to the ship's identity.
According to Santos, the ship was found Nov. 27 near the Rosario Islands which is close to Baru Peninsula.
--DaRichCoot
Showing posts with label Colombia. Show all posts
Showing posts with label Colombia. Show all posts
Monday, December 14, 2015
World's Largest Sunken Treasure Found Off Colombia-- Part 1: "The Holy Grail" of Shipwrecks
From the December 6, 2015, Chicago Tribune nu Pedro Mendoza AP.
Colombian President Juan Manuel Santos hailed the ship,found off Colombia's coast more than 300 years ago as the world's largest sunken treasure.
The Spanish galleon San Jose was discovered with the help of an international team of experts and the president says he will personally see to it that its location is safeguarded. It sank somewhere i the wide area off Baru Peninsula and the port of Cartagena.
On June 8, 1708, the San Jose sank, along with 600 people as it was trying to outrun a British fleet. It is believed to have been carrying 11 million gold coins and jewels from the Spanish colonies of the New World. This could be worth billions if recovered.
The ship is considered by maritime experts to be the holy grail of Spanish colonial shipwrecks and has been the subject of abn extended legal battle between Colombia, Spain and the United States pver who owns the rights to it.
--CooterTreasure
Colombian President Juan Manuel Santos hailed the ship,found off Colombia's coast more than 300 years ago as the world's largest sunken treasure.
The Spanish galleon San Jose was discovered with the help of an international team of experts and the president says he will personally see to it that its location is safeguarded. It sank somewhere i the wide area off Baru Peninsula and the port of Cartagena.
On June 8, 1708, the San Jose sank, along with 600 people as it was trying to outrun a British fleet. It is believed to have been carrying 11 million gold coins and jewels from the Spanish colonies of the New World. This could be worth billions if recovered.
The ship is considered by maritime experts to be the holy grail of Spanish colonial shipwrecks and has been the subject of abn extended legal battle between Colombia, Spain and the United States pver who owns the rights to it.
--CooterTreasure
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