27 Sep '11, 1am

US divers working to recover over $270m worth of silver from wreck of ship torpedoed during WWII

US divers working to recover over $270m worth of silver from wreck of ship torpedoed during WWII

This Sept 15, 2011 handout image courtesy of Odyssey Marine Exploration shows a ladder leading up onto the forecastle deck of the SS Gairsoppa shipwreck approximately 4,700 meters deep. -- PHOTO: AFP MIAMI (AFP) - When the SS Gairsoppa was torpedoed by a German U-boat 70 years ago, it took its huge silver cargo to a watery grave. US divers are working to recover what may be the biggest shipwreck haul ever, valued at some US$210 million (S$272 million). Florida-based Odyssey Marine Exploration on Monday confirmed the identity and location of the Gairsoppa and cited official documents indicating the British ship was carrying some 219 tons of silver when it sank in 1941 in the North Atlantic some 490km off the Irish coast. Valued then at 600,000 pounds, the silver today is worth about US$210 million, which would make it history's largest recovery of precious metals lost at se...

Full article: http://www.straitstimes.com/BreakingNews/World/Story/STIS...

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