Odyssey Marine Exploration Inc News

Odyssey Marine Exploration Appoints Jones as CFO

U.S.-based subsea mining company Odyssey Marine Exploration, Inc. announced it has expanded its executive and legal teams. On Monday, the firm's Board of Directors appointed Christopher "Chris" E. Jones as Chief Financial Officer and reappointed Jay Nudi as the company’s Principal Accounting Officer and Treasurer.“As we evaluated our strategic plans and every part of our business over the past year, it became clear that we needed to add specific expertise to our executive team to allow Odyssey to execute on its strategic plan,” commented Mark D. Gordon, Chairman and CEO

Mark D. Gordon

Odyssey Marine Implements Management Changes

President Mark D. Gordon appointed CEO, Greg Stemm becomes chairman as the company prepares for several monetization events and shipwreck projects Odyssey Marine Exploration, Inc., an in the field of deep-ocean exploration, has implemented its planned management transitions that were announced in August. Odyssey President Mark D. Gordon assumed the additional role of chief executive officer on October 1, 2014, succeeding Gregory P. Stemm, who had held the position since 2007. Stemm has become chairman of the board, succeeding Bradford B. Baker, who will continue to serve as lead director. Stemm

Coins recovered from the shipwreck of SS Central America (Photo: Odyssey Marine Exploration)

Update: SS Central America Salvage

Odyssey Marine Exploration completes current phase of SS Central America recovery; 15,500+ gold and silver coins, 45 gold bars recovered to date; 161,000-square meter, high-resolution visual site survey complete Deep-ocean exploration company Odyssey Marine Exploration, Inc. has completed the current phase of the recovery operations on the SS Central America shipwreck project. The recovery ship, Odyssey Explorer, has returned to Charleston, South Carolina, for necessary repairs and installation of new equipment, which is expected to take approximately two to three weeks. In addition to more than

‘Don Diego’ Project Achieves Important Milestone

Environmental Impact Assessment filed, advances project toward providing large-scale source of much-needed phosphate for fertilizer in Mexico Odyssey Marine Exploration, Inc., a company in the field of deepocean exploration, reported that the Environmental Impact Assessment (EIA) for proposed dredging and recovery of phosphate sands from the "Don Diego" deposit has been filed with the Mexican Secretary of Environment and Natural Resources (SEMARNAT). According to governmental regulations, a response is expected in approximately 60 business days. Experts in marine dredging, plume

Gold coins and a gold box lie in situ on the site of another shipwreck (Black Swan) site salvaged by Odyssey Marine Exploration (Photo courtesy of Odyssey Marine Exploration)

Treasure Hauled from SS Central America Shipwreck

Odyssey Recovers Over 13,500 Silver and Gold Coins as Well as Gold Ingots, Dust, Nuggets and Jewelry From SS Central America Shipwreck; Newly Released Inventory Provides First Look at Time Capsule of Gold Rush-Era Treasures Odyssey Marine Exploration, Inc. has placed operational reports and inventories of items recovered from the SS Central America shipwreck site on the company's website at shipwreck.net/ssca.php. These items were initially filed under seal in the United States District Court, Eastern District of Virginia, Norfolk Division. Chief U.S. District Judge Rebecca Beach Smith has allowed

J. Childs' painting of SS Central America sinking in 1857. (National Maritime Museum, London)

Treasure Hunters Return to "Ship of Gold"

from the California mines, as well as the personal wealth and belongings of its 477 passengers, most of whom were lost when the ship sank in September 1857. The ship's gold that is thought to remain on the ocean floor was valued at $760,000 in 1857 but worth millions today, according to Odyssey Marine Exploration Inc, a Tampa, Florida-based company, which won the contract to revisit the shipwreck. "There's no doubt in our minds that there's going to be an economic return," Mark Gordon, the company's president and chief operating officer, said on Monday. Gold recovered from the ship

Photo: MacArtney

MacArtney Winch System for Seafloor Mineral Exploration

flawlessly through the at-sea acceptance test and in the trials of our new deep water seafloor drill. The Active Heave Compensation of the winch, allows precise landing of the drill on the seafloor with all motions removed,” said Tom Dettweiler, Director of Mineral Exploration at Odyssey Marine Exploration Inc. macartney.com  

Gold recovered by Odyssey Marine Exploration from another shipwreck as part of the Tortugas project

Court Approves Gold Recovery from Historic Shipwreck

Deep-ocean exploration company Odyssey Marine Exploration, Inc., has been awarded the exclusive contract to conduct an archaeological excavation and recover the remaining valuable cargo from the SS Central America shipwreck located approximately 160 miles off the coast of South Carolina. The ship, which was immortalized in the best-selling book, "Ship of Gold in the Deep Blue Sea," sank in 1857 with one of the largest documented cargoes of gold ever lost at sea. Odyssey was selected for the project by Ira Owen Kane, the court-appointed receiver who represents Recovery Limited Partnership

Zajonc Named to Tecton Board of Directors

operational teams to rely upon, and on behalf of the shareholders, I wish to thank him for his commitment to our Company." Guy M. Zajonc, JD, Background Mr. Zajonc is currently President and CEO of Five by Five Media, Inc. (2008 to present). He served as Senior Manager and General Counsel to Odyssey Marine Exploration, Inc. (2003 to 2006). At Odyssey, he helped manage marine operations, helped build the research depart, found and hired the researchers that were directly responsible for the location of the Mercedes, HMS Victory and the Gairsoppa. A graduate of Gonzaga University Law School and

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