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Displaying items by tag: SS Gairsoppa

A shipwreck off the southwest coast of Ireland has been found to contain the largest ever haul of precious metal at sea.
Some 200 tonnes of silver worth around €172m were discovered in the wreck of the British cargo ship SS Gairsoppa by a US exploration company, BBC News reports.
The UK merchant vessel was sunk by a German U-boat in 1941 as it was trying to reach shelter in Ireland.
Odyssey Marine, the firm responsible for the discovery, says it is now planning for the recovery of its cargo, with work expected to begin in spring next year.
"By finding this shipwreck and telling the story of its loss, we pay tribute to the brave merchant sailors who lost their lives," said the company's chief archaeologist Neil Dobson.
As per the terms of its contract with the UK Department of Transport, Odyssey Marine will get to keep 80% of the silver's value as profit.
The arrangement has been criticised for allegedly being more about "treasure hunting" than marine archaeology.
"Legitimate, professional archaeologists do not engage in the buying, selling, or valuing of artefacts," writes Mark Staniforth at The Conversation.
BBC News has more on the story HERE.

A shipwreck off the southwest coast of Ireland has been found to contain the largest ever haul of precious metal at sea.

Some 200 tonnes of silver worth around €172m were discovered in the wreck of the British cargo ship SS Gairsoppa by a US exploration company, BBC News reports.

The UK merchant vessel was sunk by a German U-boat in 1941 as it was trying to reach shelter in Ireland.

Odyssey Marine, the firm responsible for the discovery, says it is now planning for the recovery of its cargo, with work expected to begin in spring next year.

"By finding this shipwreck and telling the story of its loss, we pay tribute to the brave merchant sailors who lost their lives," said the company's chief archaeologist Neil Dobson.

As per the terms of its contract with the UK Department of Transport, Odyssey Marine will get to keep 80% of the silver's value as profit.

The arrangement has been criticised for allegedly being more about "treasure hunting" than marine archaeology.
"Legitimate, professional archaeologists do not engage in the buying, selling, or valuing of artefacts," writes Mark Staniforth at The Conversation.

BBC News has more on the story HERE.

Published in Coastal Notes

The Half Ton Class was created by the Offshore Racing Council for boats within the racing band not exceeding 22'-0". The ORC decided that the rule should "....permit the development of seaworthy offshore racing yachts...The Council will endeavour to protect the majority of the existing IOR fleet from rapid obsolescence caused by ....developments which produce increased performance without corresponding changes in ratings..."

When first introduced the IOR rule was perfectly adequate for rating boats in existence at that time. However yacht designers naturally examined the rule to seize upon any advantage they could find, the most noticeable of which has been a reduction in displacement and a return to fractional rigs.

After 1993, when the IOR Mk.III rule reached it termination due to lack of people building new boats, the rule was replaced by the CHS (Channel) Handicap system which in turn developed into the IRC system now used.

The IRC handicap system operates by a secret formula which tries to develop boats which are 'Cruising type' of relatively heavy boats with good internal accommodation. It tends to penalise boats with excessive stability or excessive sail area.

Competitions

The most significant events for the Half Ton Class has been the annual Half Ton Cup which was sailed under the IOR rules until 1993. More recently this has been replaced with the Half Ton Classics Cup. The venue of the event moved from continent to continent with over-representation on French or British ports. In later years the event is held biennially. Initially, it was proposed to hold events in Ireland, Britain and France by rotation. However, it was the Belgians who took the ball and ran with it. The Class is now managed from Belgium. 

At A Glance – Half Ton Classics Cup Winners

  • 2017 – Kinsale – Swuzzlebubble – Phil Plumtree – Farr 1977
  • 2016 – Falmouth – Swuzzlebubble – Greg Peck – Farr 1977
  • 2015 – Nieuwport – Checkmate XV – David Cullen – Humphreys 1985
  • 2014 – St Quay Portrieux – Swuzzlebubble – Peter Morton – Farr 1977
  • 2013 – Boulogne – Checkmate XV – Nigel Biggs – Humphreys 1985
  • 2011 – Cowes – Chimp – Michael Kershaw – Berret 1978
  • 2009 – Nieuwpoort – Général Tapioca – Philippe Pilate – Berret 1978
  • 2007 – Dun Laoghaire – Henri-Lloyd Harmony – Nigel Biggs – Humphreys 1980~
  • 2005 – Dinard – Gingko – Patrick Lobrichon – Mauric 1968
  • 2003 – Nieuwpoort – Général Tapioca – Philippe Pilate – Berret 1978

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