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Latest Law of the sea Stories

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2009-06-05 12:50:00

An American treasure hunting company was told by a U.S. judge to return valuables from the shipwreck of the Spanish warship Mercedes to Spain, Reuters reported. However, the firm said on Thursday it would contest the judge's non-binding decision. The Tampa, Florida-based magistrate judge's recommendations on Wednesday marked the latest step in a lengthy battle between the treasure hunters, Odyssey Marine Exploration Inc, and the governments of Spain and Peru. The opposing party's are all...

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2009-05-14 07:30:00

On Wednesday, France announced that is was claiming the North Atlantic seabed surrounding the islands of Saint-Pierre and Miquelon, and is requesting that Canada cooperate in finding a resolution to the dispute.A special UN commission was presented a preliminary request to extend French waters up to 350 nautical miles off the coast of the French archipelago on Friday, said the French foreign ministry."Our objective is to reach with Canada, which was given advance notice of our demarche, a...

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2009-05-12 13:10:00

A U.N. deadline on May 13th over maritime boundaries will attempt to solve disputes over the seabed from the South China Sea to the North Pole, Reuters reported. A U.N. Commission that aims to set limits for national rights to everything from oil and gas to life on the ocean floor is asking most coastal states to define their continental shelves (areas of shallower water offshore) by Wednesday. Harald Brekke, a Norwegian official who is a vice-chair of the U.N. Commission on the Limits of the...

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2009-04-15 16:49:30

Norway agreed to limits on its northern seabed on Wednesday, becoming the first Arctic state to establish such territorial boundaries. The move is part of a regional territorial shuffle driven in part by the potential of finding gas and oil. Norway's newly defined continental shelf, which stops short of the North Pole, covers 90,740 sq miles, roughly three-quarters the size of mainland Norway, said Foreign Minister Jonas Gahr Stoere.  To the north, the shelf ends 341.8 miles from the...

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2009-04-02 07:45:00

Modern technology and global demand have collaborated to make mining precious metals from the colossal, mysterious depths of the ocean floor economically practical for the first time in history, the Associated Press reported.  In New Guinea, a progressive project is underway and new guidelines to preside over deep sea mining will be assigned by an international authority this spring. Scientists, businessmen and policymakers representing 20 countries will meet in Cape Cod on Thursday for...

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2009-02-02 16:15:00

A Florida-based treasure-hunting firm reported the discovery of a British Royal Navy warship on Monday. The HMS Victory, which belonged to Admiral Sir John Balchin was lost in 1744. Tampa-based Odyssey Marine Exploration Inc. reported the discovery of the ship, which was considered to be the last Royal Navy warship to be lost at sea with a complete complement of bronze cannon, the company said in a statement. Shares of the exploration firm jumped more than 32 percent on Monday after the find...

2009-02-01 13:00:00

MIRAMAR, Fla., Feb. 1 /PRNewswire/ -- COSPAS-SARSAT turns off satellite detection of the 121.5 MHz and 243 MHz emergency radio beacons today. In order to track the new 406 MHz generation of emergency radio beacons the US Coast Guard selected Becker Avionics' SAR MAN-PACK for ground operations. Becker Avionics' SAR MAN-PACK is a mobile, full featured Multi-Band Radio Direction Finder capable of operating in the Aviation VHF/UHF band, Marine band and COSPAS-SARSAT 406Mhz band. The SAR MAN-PACK...

2008-12-11 15:39:00

- World Premiere 11-Part Series Kicks Off Thursday, January 15 at 10PM ET/PT - SILVER SPRING, Md., Dec. 11 /PRNewswire/ -- TREASURE QUEST takes the meaning of "cold case" to a new level - it's not always what you find, but what you find out. Discovery Channel and Odyssey Marine Exploration (OME), the world's only publicly-traded company dedicated to deep ocean shipwreck exploration, plunges viewers to the ocean floor as they track the unsolved mysteries of the deep sea in this 11-part world...

2008-09-20 12:00:28

Text of report by Edwin Agola entitled "Magufuli hikes foreign trawler fees" published by Tanzanian newspaper The Guardian website on 20 September The government has increased fishing license fees for foreign vessels. Announcing the new rates in Dar es Salaam yesterday, the minister for livestock development and fisheries, John Magufuli, said foreign Pursen seiner vessels would now be paying 12,000 dollars for three months or 5,000 dollars per month instead of 16,000 dollars they were...

2008-09-19 00:00:16

Salvage work on the beached cargo vessel MSC Napoli out of Brixham has been suspended until spring in the face of 'treacherous' winter storms brewing. It is for the safety of workmen and to prevent any environmental damage to Lyme Bay's wildlife and coastline. Disposal work on the broken-up vessel, lying off Branscombe Beach, has been lucrative for the ship's agents in Brixham, from where offshore work crews have also been regularly ferried to the site off East Devon. A government...