HOLY GRAIL: 300-year-old ship contains $17 BILLION treasure?

via wbur.org:

A Spanish galleon laden with gold that sank to the bottom of the Caribbean off the coast of Colombia more than 300 years ago was found three years ago with the help of an underwater autonomous vehicle operated by the Woods Hole Oceanographic Institution, the agency disclosed for the first time.

New details about the discovery of the San Jose were released on Monday with permission from the agencies involved in the search, including the Colombian government.

“We’ve been holding this under wraps out of respect for the Colombian government,” said Rob Munier, WHOI’s vice president for marine facilities and operations.

READ  TPG picks up AT&T’s linear video business for... $8 billion

The exact location of the wreck of the San Jose, often called the “holy grail of shipwrecks,” was long considered one of history’s enduring maritime mysteries.

The 62-gun, three-masted galleon, went down on June 8, 1708, with 600 people on board as well as a treasure of gold, silver and emeralds during a battle with British ships in the War of Spanish Succession. The treasure is worth as much as $17 billion by modern standards.

The Massachusetts-based WHOI was invited to join the search because of its recognized expertise in deep water exploration. The institute’s autonomous underwater vehicle, REMUS 6000, helped find the wreckage of Air France 447 in 2011, which crashed in 2009 several hundred miles off the coast of Brazil.

READ  Last year, the top 25 managers earned $32 billion even as the economy crashed and markets wobbled.

It was REMUS 6000 that in November 2015 took some side sonar images that found the San Jose in more than 2,000 feet (600 meters) of water.

The vehicle descended to 30 feet (9 meters) above the wreck to take several photographs, including some of the distinctive dolphin engravings on the San Jose’s cannons, a key piece of visual evidence.

734 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.