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A major advantage of our targets is that unlike older wooden ships they are steel built with the majority sitting intact, on the seabed, meaning the cargoes are in situ and not spread out on the seabed.
Pre-1945 steel also potentially holds significant value as it was manufactured before the first atomic testing in 1945. As a result, this steel is not radioactive and allows it to be used in many specialised processes including the medical, nuclear and aerospace industries.
As a result of War Risk insurance, whereby the British Government underwrote all maritime losses, SalvOcean knows that the latter own the lost cargoes and the likelihood of any significant third-party claims is believed to be negligible
In many of the jurisdictions we operate it is necessary to have the wreck owner's permission to salvage. Most of our targets are owned by the UK Department for Transport with which we have relationships suggesting permission to salvage will be forthcoming.
Given that the losses occurred on a global scale, our salvage operations are not governed by winter weather conditions. A suitably funded or successful SalvOcean will be able to run year round programmes
SalvOcean operates under the International Convention for Salvage (1989) which is the de-facto regulation for all matters pertaining to marine salvage
SalvOcean is advised by an internationally recognised maritime law firm that provides guidance and best practice advice throughout all operations
To ensure we are obtaining the highest chance of success, SalvOcean selects several ships it proposes to salvage in each programme to mitigate risk and enhance prospects , of positive return.
It also means SalvOcean can take advantage of greater economies of scale and work on multiple targets at the same time
40 years working in the marine subsea industry, Will has been involved in some of the world’s largest and most challenging marine engineering and oilfield subsea construction and decommissioning projects such as Piper Alpha and the Russian nuclear submarine ‘Kursk’ recovery. His broad spectrum of expertise encompasses relevant legislation
40 years working in the marine subsea industry, Will has been involved in some of the world’s largest and most challenging marine engineering and oilfield subsea construction and decommissioning projects such as Piper Alpha and the Russian nuclear submarine ‘Kursk’ recovery. His broad spectrum of expertise encompasses relevant legislation, HSEQ and maritime contracting as well as subsea survey and salvage operations.
Mark is an international leader in deep ocean salvage with over 47 years of experience. Following a highly decorated career in the U.S. Navy Special Projects, Mark has commercial success across numerous successful and high-profile expeditions including RMS Titanic, RMS Lusitania, HMS Victory, SS Republic,, and positive identification of n
Mark is an international leader in deep ocean salvage with over 47 years of experience. Following a highly decorated career in the U.S. Navy Special Projects, Mark has commercial success across numerous successful and high-profile expeditions including RMS Titanic, RMS Lusitania, HMS Victory, SS Republic,, and positive identification of numerous world war U-Boats and warships, and sensitive deep ocean recoveries for the U.S. Government.
Neil’s career commenced in the merchant navy before spending time in the North Sea oil & gas industry. After completing a Master’s Degree in marine archaeology, he joined the team at Odyssey Marine Exploration working with Mark. Neil has a vast knowledge of shipwrecks globe and has worked on projects such as the SS Republic, Nuestra Señor
Neil’s career commenced in the merchant navy before spending time in the North Sea oil & gas industry. After completing a Master’s Degree in marine archaeology, he joined the team at Odyssey Marine Exploration working with Mark. Neil has a vast knowledge of shipwrecks globe and has worked on projects such as the SS Republic, Nuestra Señora de las Mercedes (the Black Swan), RMS Lusitania, SS Gairsoppaand the SS Central America to name a few.
Seb is a fully qualified marine engineer and Naval Architect, he has huge knowledge of the marine oil and gas industry as well as shipwreck survey and salvage enabling him to design and implement subsea salvage systems such as electro-mechanical grabs and Remote Operated Vehicle tooling skids for use on recovery projects.
The success of each recovery project is rooted in detailed research. SalvOcean has reviewed and collected decades of professional archives of maritime and financial records from archives around the world. Also using survivor accounts, testimonies of those involved, official inquests and family records, SalvOcean has formulated a unique database of wreck locations and valuable cargo content.
This historic research has enabled SalvOcean to establish the most accurate search and survey boxes within which targets are located. Using modern remote sensing systems, in addition to their unparalleled experience and knowledge of shipwrecks, the team is able to locate and identify the target
Our hand-picked experienced international search and salvage teams use the appropriate subsea and salvage tooling and equipment to oversee and manage the demanding process of valuable cargo recoveries
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