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U.S. ship held in $500M booty row
CNN ^ | 17 October 2007 | Al Goodman

Posted on 10/17/2007 5:55:23 AM PDT by Freeport

MADRID, Spain (CNN) -- Spain has again seized an American treasure-hunting ship over a dispute with its owners over who has rights to millions of dollars worth of booty recovered from the sea, officials said.

Spain seized the "Odyssey Explorer" -- owned by Odyssey Marine Exploration based Tampa, Florida -- as it sailed out of port in the British colony of Gibraltar on Tuesday.

Armed Spanish government vessels were waiting for the Explorer when it reached 6.4 kilometers (4 miles) off Gibraltar's shore and entered what Spain considers its territorial waters. The vessels forced the Explorer to dock at Spain's nearby port of Algeciras, a Civil Guard spokesman told CNN.

Once in Algeciras, Explorer's captain refused to allow Spanish officials to board the ship for an inspection, and he was arrested for disobedience and spent Tuesday night in a Spanish jail, the spokesman said.

Officials began the inspection soon after. It is the second time in four months that Spain has halted an Odyssey vessel as it sailed off of Gibraltar.

Spain "intercepted and seized" the Explorer on Tuesday under a court order on "suspicion that Odyssey, through its ships, is recovering Spanish maritime heritage, in Spanish waters, without authorization," the spokesman said.

Odyssey's owner, Greg Stemm, could not immediately be reached for comment, but he has previously told CNN that Odyssey has been acting in strict compliance with international maritime laws.

Before Tuesday, Spain had filed suit in Tampa, Fla. against the Odyssey, laying claim to at least some of the estimated $500 million in gold and silver pieces that Odyssey recovered from the sea near Spain in May. Odyssey then flew the coins from Gibraltar to Florida for safekeeping.

(Excerpt) Read more at cnn.com ...


TOPICS: Business/Economy; Foreign Affairs; US: Florida
KEYWORDS: blackswan; booty; bootycall; bootycalls; florida; gibraltar; godsgravesglyphs; odysseyexplorer; odysseymarine; shakeyourbooty; spain; tampa; treasure
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But Spain, emphasizing its ships were armed, turned the ship back to port,...

Funny.. Maybe we should park the Enterprise battle group with a Marine assault group off their coast and see if they get what it really means to have "Armed ships"...

Finders keepers...

1 posted on 10/17/2007 5:55:24 AM PDT by Freeport
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To: Freeport

Reading between the lines.

Spain needs the cash to support its growing welfare state...


2 posted on 10/17/2007 5:58:06 AM PDT by in hoc signo vinces ("Houston, TX...a waiting quagmire for jihadis.")
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To: Freeport

Or, maybe we should open a law textbook. Just a thought.


3 posted on 10/17/2007 5:58:39 AM PDT by 1rudeboy
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To: Freeport

Don’t worry. The LOS treaty and the U.N. will solve all of these disputes. I’m sure the World Court will get Spain to back off.


4 posted on 10/17/2007 6:03:43 AM PDT by neodad (USS Vincennes (CG-49) Freedom's Fortress)
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To: 1rudeboy

If they want the coins so bad, They can buy them off TV just like everybody else........


5 posted on 10/17/2007 6:04:11 AM PDT by Red Badger ( We don't have science, but we have consensus.......)
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To: 1rudeboy
Yeah thats all we need is more #$%#@ lawyers


6 posted on 10/17/2007 6:05:37 AM PDT by Vaquero (" an armed society is a polite society" Heinlein "MOLON LABE!" Leonidas of Sparta)
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To: Red Badger

LOL—EBay!


7 posted on 10/17/2007 6:06:06 AM PDT by 1rudeboy
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To: Vaquero

Funny that you mention it. Lawyers specializing in Admiralty Law are rare.


8 posted on 10/17/2007 6:06:55 AM PDT by 1rudeboy
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To: Red Badger

Why didn’t Spain go and find the crappy coins themselves if they wanted them so bad?

It sounds like government sponsored piracy. Spanish Vikings?

Of course I am sure there is another side to this story.


9 posted on 10/17/2007 6:08:57 AM PDT by Tenacious 1 (No to nitwit jesters with a predisposition of self importance and unqualified political opinions!)
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To: Tenacious 1

Spain (and other countries) have always maintained that the “treasure” found is partly theirs, and have demanded a “cut” even if the ship went down in a hurricane in the 1500’s. Mel Fisher’s find of the Atocha treasure was claimed by the US government! Really, what it all boils down to is money. Not “historical artifacts”, not “history”, not “culture” but plain old simple GREED..............


10 posted on 10/17/2007 6:16:18 AM PDT by Red Badger ( We don't have science, but we have consensus.......)
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To: 1rudeboy

Pull my finger... No the other one, it makes a different noise... /s


11 posted on 10/17/2007 6:18:34 AM PDT by Freeport
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To: Freeport

Aw shucks, don’t be so sensitive. Sometimes it’s a shock to learn that these sorts of disputes happen all the time, and that the Marines are rarely required.


12 posted on 10/17/2007 6:20:58 AM PDT by 1rudeboy
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To: in hoc signo vinces

I thought the Spaniels surrendered already.


13 posted on 10/17/2007 6:29:41 AM PDT by Eric in the Ozarks (Go Hawks !)
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To: Freeport

“Stop stealing our stolen gold.”


14 posted on 10/17/2007 6:29:50 AM PDT by Sax
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To: Freeport

why bother with the laws of salvage or international treaties.

The one with the guns makes the rules.


15 posted on 10/17/2007 6:42:24 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: Red Badger

The funny part that the same gold was luted from America :-)


16 posted on 10/17/2007 7:20:42 AM PDT by QQQQ
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To: Red Badger

If they want the treasure so badly, why don’t they go after it themselves?


17 posted on 10/17/2007 7:24:46 AM PDT by TheBattman (I've got TWO QUESTIONS for you....)
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To: 1rudeboy

I happened to met one on my cruise, who is moving to Fla. to work on this case, no he wouldn’t talk about it.


18 posted on 10/17/2007 7:25:12 AM PDT by razorback-bert (Posted by Time's Man of the Year)
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To: TheBattman

It’s much easier to steal it under cover of law..........


19 posted on 10/17/2007 7:26:35 AM PDT by Red Badger ( We don't have science, but we have consensus.......)
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To: QQQQ

I’d think Mexico and Peru would have a better claim than the Spanish do..............


20 posted on 10/17/2007 7:28:18 AM PDT by Red Badger ( We don't have science, but we have consensus.......)
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