Expedition Categories  >  Underwater Salvage/Treasure
SS Gairsoppa Project
The SS Gairsoppa was a 412 foot steel-hulled British cargo steamship that was enlisted in the service of the United Kingdom Ministry of War Transport and sunk by a German U-boat on February 17, 1941, approximately 300 miles southwest of Galway, Ireland. r n r n r nThe UK Ministry of War Transport paid an insurance loss of approximately £325,000 at the time for silver bars lost with the ship. In 2010, the United Kingdom (UK) Government Department for Transport awarded Odyssey, through a competitive bid, the exclusive salvage contract for this cargo from the SS Gairsoppa. Under the terms of the agreement, which follows standard commercial practices, Odyssey bears the risk of search and recovery and retains 80% of the net salved value of Gairsoppa silver cargo. Additional, self-insured government-owned silver may be aboard as well. Sources, including Lloyd’s Record of War Losses indicate a total cargo of silver worth £600,000 at the time, which would equate to approximately seven million total ounces of silver was on board.
EQ Expedition No. Expedition Leader  
EXP11635 EQ Admin  
Countries Covered Areas Covered
North Atlantic
Expedition Website
http://www.shipwreck.net/ssgairsoppa.php
Expedition News
No News Items Available
Top Discussions
  Topic Date
No Discussions Available
Expedition Media Gallery
Photographs & Clippings
No Media Items Available
Media Albums
No Media Albums Available
Expedition Links
No Book Marks Available
Expedition Location
Expedition Details
EQ Expedition No. Expedition Leader   Team Size
EXP11635
Project Cost. Seeking Additional Funding?
No
Countries Covered Areas Covered
North Atlantic
Expedition Website
http://www.shipwreck.net/ssgairsoppa.php
Expedition Categories
Underwater Salvage/Treasure
Anticipated Publications/Articles
No Publications/Articles
Members
None
Advisors
None
Endorsers
None
Sponsers
None
Top Expedition News
No News Items Available
Add a New Media Item
 
Photographs in 'Testing Album'
No Photographs Found
* Please click on any image above to start the slideshow.
Media Albums in 'Testing Album' album
  Title # of items Created On  
No Media Albums Available
Map Images
No Map Images Found
Map Links
Name & Description Date
No Map Links Found
Expedition Locations
Feedback
Your Name :
Your Email :
Feedback :
 
   
blog comments powered by Disqus
Expedition Favourite Links
  Name & Description Date  
  No Bookmarks found for the selected expedition.
October 2017
SUN
 
Copyright 2014 ExpeditionQuest, Inc. All rights reserved