Friday, September 30, 2005


Update: Odyssey Marine to stay on Atlas project for up to six more weeks


Tampa Bay Business Journal
September 28, 2005

Odyssey Marine Exploration said it would continue work on a shipwreck search project as long as the weather remains favorable for operations.

The "Atlas" project involves a search for five, high-value shipwrecks in an area encompassing more than 5,000 square miles. Since announcing the start of the project on May 4, Odyssey has searched more than 3,700 square miles and located more than 2,100 anomalies on the sea floor using an advanced high-resolution side-scan sonar system. More than 400 of 1,000 of the anomalies selected for inspection have been visually inspected with ZEUS, its remote-operated vehicle.

"During the past five months of our 'Atlas' project, we've searched an area larger than all our previous shipwreck searches combined," said Greg Stemm, co-founder of Odyssey Marine Exploration, in a release.
Odyssey said it expects work on the Atlas project to continue another two to six weeks, depending on weather patterns this fall. Odyssey plans to resume search operations in the "Atlas" area when weather permits in 2006.

After the weather window closes for the Odyssey Explorer on the "Atlas" project for 2005, Odyssey plans to relocate the ship to the Western Mediterranean, where work can continue through the winter. Immediately after mobilization of additional equipment and the archaeological team, it plans to begin operations on the shipwreck site believed to be HMS Sussex.

"We're pleased that by working together with the United Kingdom, Spain and the Junta de Andalucia, we have been able to develop a cooperative relationship that allows us to proceed with the Sussex in a collaborative and friendly manner," said John Morris, Odyssey's CEO and co-founder, in a release.

HMS Sussex was a large 80-gun English warship that sank in 1694 with a reported large cargo of money. The ship remains the exclusive property of the Government of the United Kingdom and Odyssey has an exclusive partnering agreement for the archaeological excavation of the Sussex.


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