Marine Exploration Announces Recent Return to Treasure-Laden Solo Dios Gloria Shipwreck
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Marine Exploration, Inc. (OTCBB: MEXP), and its Joint Venture Partner Hispaniola Ventures, LLC, announces their treasure hunting ship RV Hispaniola has recently left port returning to the site of the shipwrecked Spanish galleon Solo Dios Gloria. One of the world’s greatest divers, Burt D. Webber Jr., leads the crew as it seeks the sunken trove of gold, silver and jewels rumored to be on the Solo Dios Gloria. Shareholders and investors can expect the Company to issue near term updates and results from the ongoing salvage operations.
An early 18th Century Spanish galleon, the Solo Dios Gloria sank off the north coast of the Dominican Republic. In late December 2009, the Dominican Republic confirmed Marine Exploration’s discovery of artifacts from the ship. The 300-plus items included silver coins, jewels, gold jewelry with pearls, a solid gold ring with diamonds, two hand-held bronze cannons, numerous pistols and cannons, guild pewter plates, navigation compasses, plumb lines for measuring depth, a pistol, sword sheaths, ornaments, plates, silverware, sword handles, a device to measure the ship's speed, bronze candlesticks, and a previously discovered bell from 1693 with the phrase 'Soli Deo Gloria'.
Mark Goldberg, CEO, Marine Exploration states, “The quest continues. Renowned treasure hunter Burt Webber knows well the Dominican Republic waters and has cutting-edge technology aboard the RV Hispaniola. We believe Burt and crew are at the right place at the right time.”
For detailed information about Marine Exploration visit http://www.mexp.biz
http://twitter.com/marinemexp
About Marine Exploration
Marine Exploration, Inc. and joint venture partner Hispaniola Ventures, LLC, headed by Burt D. Webber Jr., plan to continue the shipwreck site survey and salvage and anticipate locating and recovering additional historic shipwrecks with valuable artifacts and treasure. Working under exclusive contract with the Dominican Republic, the Company has plans in place to pursue multiple notable shipwrecks in Dominican Republic territorial and jurisdictional waters.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995.
Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. http://www.mexp.biz
Read more: http://www.kansascity.com/2010/10/14/2312963/marine-exploration-announces-recent.html#ixzz12ihKdbe7
Monday, October 18, 2010
Thursday, October 7, 2010
Missing (and Valuable) Painting Found in Paris
Missing (and Valuable) Painting Found in Paris
In Paris, an apartment sat locked up and untouched for 70 years. But it wasn't abandoned or empty. The rent was being paid, and the swanky pad was filled with furniture, books, and various works of art. One of those paintings, it turns out, was worth a lot of money.
A very buzzy story from the U.K.'s Telegraph explains that the valuable work of art is by Italian artist Giovanni Boldini. It recently sold for €2.1 million (around US$2.9 million) at auction. The painting's subject, "a woman in a pink muslin evening dress," was apparently Boldini's muse, Marthe de Florian. That hunch was legitimized by another titillating discovery in the apartment: a scribbled love note from the artist to de Florian. The apartment belonged to de Florian's granddaughter, who recently passed away at age 91.
One might well ask, "Why leave an apartment untouched and unused, but still pay for it every month?" Good question. According to the Telegraph, the granddaughter left the apartment just before the start of World War II and never returned. After her recent death, experts were sent to catalogue the inventory.
As the Telegraph writes, "Entering the untouched, cobweb-filled flat in Paris' 9th arrondissement, one expert said it was like stumbling into the castle of Sleeping Beauty, where time had stood still since 1900." Imagine their surprise when they saw, lying among the items, a painting worth millions.
News of the discovery sent Web searches on "giovanni boldini" skyrocketing 2,800% in just over 24 hours. Suddenly, it seems, people are eager to know more about the artist. Perhaps they want to compare his work to a few paintings gathering dust in their basements. Could one be worth big money? Hope springs eternal, but before you get too excited, remember that Boldini never dabbled in the subject of dogs playing poker. Sorry.
In Paris, an apartment sat locked up and untouched for 70 years. But it wasn't abandoned or empty. The rent was being paid, and the swanky pad was filled with furniture, books, and various works of art. One of those paintings, it turns out, was worth a lot of money.
A very buzzy story from the U.K.'s Telegraph explains that the valuable work of art is by Italian artist Giovanni Boldini. It recently sold for €2.1 million (around US$2.9 million) at auction. The painting's subject, "a woman in a pink muslin evening dress," was apparently Boldini's muse, Marthe de Florian. That hunch was legitimized by another titillating discovery in the apartment: a scribbled love note from the artist to de Florian. The apartment belonged to de Florian's granddaughter, who recently passed away at age 91.
One might well ask, "Why leave an apartment untouched and unused, but still pay for it every month?" Good question. According to the Telegraph, the granddaughter left the apartment just before the start of World War II and never returned. After her recent death, experts were sent to catalogue the inventory.
As the Telegraph writes, "Entering the untouched, cobweb-filled flat in Paris' 9th arrondissement, one expert said it was like stumbling into the castle of Sleeping Beauty, where time had stood still since 1900." Imagine their surprise when they saw, lying among the items, a painting worth millions.
News of the discovery sent Web searches on "giovanni boldini" skyrocketing 2,800% in just over 24 hours. Suddenly, it seems, people are eager to know more about the artist. Perhaps they want to compare his work to a few paintings gathering dust in their basements. Could one be worth big money? Hope springs eternal, but before you get too excited, remember that Boldini never dabbled in the subject of dogs playing poker. Sorry.
Tuesday, October 5, 2010
Yahoo News: Rare pink diamond could fetch $38M at auction
Rare pink diamond could fetch $38M at auction
GENEVA – A rare pink diamond that goes on sale next month could fetch up to $38 million, according to auctioneers Sotheby's. The "fancy intense pink" 24.78 carat gem is being sold by an unidentified private collector, the auction house said.
"We're able to say it's been in the possession of the same owner for 60 years but beyond that we're not able to reveal more," Sotheby's spokesman Matthew Weigman said Tuesday.
The diamond was last sold by New York jeweler Harry Winston and has a classic emerald cut with gently rounded corners, the company said.
The stone has a flaw unnoticeable to the naked eye, probably due to wear, but may be graded internally flawless after re-polishing.
"It is sensational as it is, but if somebody would repolish it they would have an even more sensational stone," said Daniela Mascetti, a senior director in the company's jewelry department. "But I personally would not touch the stone if I was planning to wear it."
The diamond went on exhibition worldwide starting in Hong Kong on Oct. 2 and will go up for auction Nov. 16 in Geneva, when Sotheby's estimates it could sell for $27-38 million.
Monday, October 4, 2010
The Daily Star: CPA moves to recover 20 sunken ships
CPA moves to recover 20 sunken ships
Chittagong Port Authority has moved to recover 20 sunken ships from the Karnaphuli river and the outer anchorage of the Bay of Bengal.
The recovery work on 10 ships has started, and the CPA will appoint contractors next month to retrieve the rest.
Nine ships under the water in the outer anchorage of the Bay of Bengal may increase the risk of accidents for ships heading for the port, although the authorities claim that it will not create any problem in any channel.
According to CPA statistics, 61 ships went down between the Liberation War and 2009 in an area from the outer anchorage to Kalurghat Bridge of the Karnaphuli. In the outer anchorage, the total number of sunken ships is 22, and the rest are in the various points of the river.
Among the 22 ships in the outer anchorage, only seven ships have so far been recovered and six others are under the process of recovery.
Most of these ships are 700 gross registered tonnages (GRT) to 1,500 GRT in size and are treated as small to medium ships.
The authorities also said the eradication of submerged ships from the Alpha anchorage area would ensure safe movement of ships in the outer anchorage.
Around 500 coasters and small ships ply across the Karnaphuli everyday carrying various commodities and industrial products.
A port official said the situation is still under control but the increased movement of ships may endanger the port in future.
The authorities now plan to introduce a vessel traffic management system to navigate and guide these coasters and small ships in the river and sea.
Abu Taleb, a retired naval master chief, said some traditional ways are used in recovering the sunken ships. “Modern technology and equipment are required to make the recovery efficient,” he added.
There are some companies such as PSP Marine Services, Al-Moudud, Hazi Taz Mohammad & Company and Heramon Salvage that do the works of recovering the ship wreckages.
Captain KM Hafizur Rahman, proprietor of PSP Marine Services, said: “We have the capacity to recover a ship of maximum 6,000 GRT and the method of the recovery depends on the condition of the sunken ship.”
Chittagong Port Authority has moved to recover 20 sunken ships from the Karnaphuli river and the outer anchorage of the Bay of Bengal.
The recovery work on 10 ships has started, and the CPA will appoint contractors next month to retrieve the rest.
Nine ships under the water in the outer anchorage of the Bay of Bengal may increase the risk of accidents for ships heading for the port, although the authorities claim that it will not create any problem in any channel.
According to CPA statistics, 61 ships went down between the Liberation War and 2009 in an area from the outer anchorage to Kalurghat Bridge of the Karnaphuli. In the outer anchorage, the total number of sunken ships is 22, and the rest are in the various points of the river.
Among the 22 ships in the outer anchorage, only seven ships have so far been recovered and six others are under the process of recovery.
Most of these ships are 700 gross registered tonnages (GRT) to 1,500 GRT in size and are treated as small to medium ships.
The authorities also said the eradication of submerged ships from the Alpha anchorage area would ensure safe movement of ships in the outer anchorage.
Around 500 coasters and small ships ply across the Karnaphuli everyday carrying various commodities and industrial products.
A port official said the situation is still under control but the increased movement of ships may endanger the port in future.
The authorities now plan to introduce a vessel traffic management system to navigate and guide these coasters and small ships in the river and sea.
Abu Taleb, a retired naval master chief, said some traditional ways are used in recovering the sunken ships. “Modern technology and equipment are required to make the recovery efficient,” he added.
There are some companies such as PSP Marine Services, Al-Moudud, Hazi Taz Mohammad & Company and Heramon Salvage that do the works of recovering the ship wreckages.
Captain KM Hafizur Rahman, proprietor of PSP Marine Services, said: “We have the capacity to recover a ship of maximum 6,000 GRT and the method of the recovery depends on the condition of the sunken ship.”
Wednesday, September 29, 2010
This blog resumes Sunday
Apologies to my readers for a lack of updates this last week. I'm driving my mother to Burleson, Texas and she is old, deaf, and mobility impaired. So it's been work. I simply haven't had the time to update here, and when I have had the time, haven't had the energy.
I was planning to get all caught up today...stopped early on purpose just to do so..but the hotel room was the hotel room from hell, which I didn't realize until we'd already got unpacked. Despite the problems - no TV, no internet, running toilet, loud refrigerator (neither of which my mom could hear, of course) my mom didn't want to move.
Finally, at 7.17 pm Central time I'm able to access the internet, but I'm too mentally exhausted to do anything except complain about how exhausted I am.
So this blog will return to form - and have new features - on this comng Sunday, when we will have arrived in Burleson and I can work all day long.
Thanks for understanding!
I was planning to get all caught up today...stopped early on purpose just to do so..but the hotel room was the hotel room from hell, which I didn't realize until we'd already got unpacked. Despite the problems - no TV, no internet, running toilet, loud refrigerator (neither of which my mom could hear, of course) my mom didn't want to move.
Finally, at 7.17 pm Central time I'm able to access the internet, but I'm too mentally exhausted to do anything except complain about how exhausted I am.
So this blog will return to form - and have new features - on this comng Sunday, when we will have arrived in Burleson and I can work all day long.
Thanks for understanding!
Friday, September 24, 2010
Exploding scuba tank kills two tourists
Daily Telegraph: Exploding scuba tank kills two tourists
AN exploding scuba diving tank killed two Polish tourists and seriously injured two others overnight on a Croatian island, officials said.
The first victim on the southern island of Vis was a 48-year-old Polish woman who died on the spot, a police spokeswoman said.
"The diving tank exploded while it was being unloaded from a boat on the coast in the port of Komiza," the transport and sea ministry said.
The cause of the blast was most likely a valve that popped out, it said.
Three other injured tourists - two men and a woman - were immediately transported to a hospital in the coastal town of Split on the mainland.
One of them, a 43-year-old man who sustained a head injury, died in the hospital overnight, its surgical department said.
The victims were in a group of 12 Polish tourists who arrived in Komiza to go scuba diving, the ministry said.
AN exploding scuba diving tank killed two Polish tourists and seriously injured two others overnight on a Croatian island, officials said.
The first victim on the southern island of Vis was a 48-year-old Polish woman who died on the spot, a police spokeswoman said.
"The diving tank exploded while it was being unloaded from a boat on the coast in the port of Komiza," the transport and sea ministry said.
The cause of the blast was most likely a valve that popped out, it said.
Three other injured tourists - two men and a woman - were immediately transported to a hospital in the coastal town of Split on the mainland.
One of them, a 43-year-old man who sustained a head injury, died in the hospital overnight, its surgical department said.
The victims were in a group of 12 Polish tourists who arrived in Komiza to go scuba diving, the ministry said.
Tension Rises As China Stops Crucial Exports to Japan
http://www.allvoices.com/contributed-news/6830166-tension-rises-as-china-stops-crucial-exports-to-japan
Chinese government has blocked exports of rare minerals used in products like hybrid cars, wind turbines and guided missiles to Japan.
Industry officials said that local customs officials began stopping shipments to Japan of so-called rare earth elements, preventing them from being loaded aboard ships this week at Chinese ports. News agencies reported that ministry spokesman, Chen Rongkai, had denied that any embargo had been imposed.
Prime Minister Wen JiabaoWen Jiabao personally called for Japan’s release of the captain on Tuesday, who was detained after his vessel collided with two Japanese Coast Guard ships about 40 minutes apart as he tried to fish in waters controlled by Japan but long claimed by China. Mr. Wen threatened unspecified further actions if Japan did not comply.
The New York TimesThe New York Times pointed out that any publication of government regulations or other official pronouncements barring exports would allow Japan to file an immediate complaint with the World Trade Organization, claiming a violation of free trade rules. But an administrative halt to exports, by preventing the loading of rare earths on ships bound for Japan, is much harder to challenge at the W.T.O.
Japan has been the main buyer of Chinese rare earths for many years, using them for a wide range of industrial purposes, like making glass for solar panels. They are also used in small steering-control motors in conventional gasoline-powered cars as well as in motors that help propel hybrid cars like the Prius.
American companies rely mostly on Japan for magnets and other components using rare earth elements, as the United States’ manufacturing capacity in the industry became uncompetitive and mostly closed over the last two decades.
China and Japan, the giants of Asia, account for nearly three-quarters of the region's economic activity and more than half of the region's military spending. Despite their deep economic ties and a doubling of their bilateral trade in the past five years, their relationship is increasingly strained, with dangerous implications for the United States and the world at large.
Although Japan and China have close economic ties, their diplomatic relations have been strained by clashing interests and cultural friction. The United States has an important role to play in promoting cooperation between Tokyo and Beijing and helping them adjust to a new phase in East Asia's history.
Chinese government has blocked exports of rare minerals used in products like hybrid cars, wind turbines and guided missiles to Japan.
Industry officials said that local customs officials began stopping shipments to Japan of so-called rare earth elements, preventing them from being loaded aboard ships this week at Chinese ports. News agencies reported that ministry spokesman, Chen Rongkai, had denied that any embargo had been imposed.
Prime Minister Wen JiabaoWen Jiabao personally called for Japan’s release of the captain on Tuesday, who was detained after his vessel collided with two Japanese Coast Guard ships about 40 minutes apart as he tried to fish in waters controlled by Japan but long claimed by China. Mr. Wen threatened unspecified further actions if Japan did not comply.
The New York TimesThe New York Times pointed out that any publication of government regulations or other official pronouncements barring exports would allow Japan to file an immediate complaint with the World Trade Organization, claiming a violation of free trade rules. But an administrative halt to exports, by preventing the loading of rare earths on ships bound for Japan, is much harder to challenge at the W.T.O.
Japan has been the main buyer of Chinese rare earths for many years, using them for a wide range of industrial purposes, like making glass for solar panels. They are also used in small steering-control motors in conventional gasoline-powered cars as well as in motors that help propel hybrid cars like the Prius.
American companies rely mostly on Japan for magnets and other components using rare earth elements, as the United States’ manufacturing capacity in the industry became uncompetitive and mostly closed over the last two decades.
China and Japan, the giants of Asia, account for nearly three-quarters of the region's economic activity and more than half of the region's military spending. Despite their deep economic ties and a doubling of their bilateral trade in the past five years, their relationship is increasingly strained, with dangerous implications for the United States and the world at large.
Although Japan and China have close economic ties, their diplomatic relations have been strained by clashing interests and cultural friction. The United States has an important role to play in promoting cooperation between Tokyo and Beijing and helping them adjust to a new phase in East Asia's history.
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