New Sonar Survey Discovers Large Unsalvaged Sections of SB

New Post Public Reply Private Reply Replies (0) Message Board
hedge_fun hotforpenny #26
349
New Sonar Survey Discovers Large Unsalvaged Sections of SB Pulaski, 1838
Press Release | 06/23/2021
Jacksonville, FL, June 23, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Project partners Blue Water Ventures, Inc. (OTCPK: BWVI), Endurance Exploration Group, Inc. (OTCPK:EXPL), and Marex International, Inc. are pleased to announce the start of the 2021 Recovery season on the SB Pulaski-1838.

The M/V Blue Water Rose was deployed off the North Carolina coast in early June with specialized high resolution side-scan sonar equipment and tasked with conducting an intense, high resolution sonar imaging survey of the areas near the project’s most recently salvaged site of the SB Pulaski. The mission, led by project managers Mark Martin and Rodney Grambo, has now located and inspected several dozen additional debris fields believed associated with the SB Pulaski sinking. The debris, which includes large sections of the ship’s machinery and contents, is scattered along a drift-line of several miles. Most importantly, a new section of the wreck, believed to be the elusive stern section which has evaded us for several years, is now believed to have been located. This section includes what appears to be an approximately one-hundred-foot section of the ship’s wooden keel, and a very large concentration of shipwreck artifacts and material. The SB Pulaski’s stern section sank approximately one hour after the ship’s boilers exploded causing the ship to break into two pieces, spilling her machinery and contents while the two ship’s sections continued to float until sinking.

Micah Eldred, CEO of EXPL, commented, “The stern section of this ship contained all of the first-class passenger cabins, the officers and purser areas and safes, and would have been the area where the largest concentration of the passenger valuables - gold and silver specie, jewelry and other valuables - would have been located. We are very excited about locating this new section of the vessel and look forward to a potentially exciting salvage and recovery season with this new find.”

Post production of the side scan data and diver reconnaissance film will give us more precise measurements of all materials discovered in the survey. For background information on the story of the SB Pulaski, please visit our website https://www.bwvint.com/pages/pulaski

Keith Webb, President and CEO of BWVI, commented, “For the first time we have found multiple sections of the Pulaski that will continue to build the overall mosaic of this shipwreck.”

Also onboard during the site survey was an internationally known film production crew, who were able to dive on and film sections of the Pulaski site. Plans are in motion for the film crew to return to the site to complete filming for a one-hour special to air nationally during the 2021-2022 television season.

About Blue Water Ventures International, Inc.:

The Company is engaged in the business of conducting archaeologically sensitive recoveries of cargo and artifacts from shipwrecks. Its operations to date have focused on shallow water search and recovery projects in less than 150 feet of water. The Company is now expanding its focus to include deep-water salvage of historic and modern-day shipwrecks. For more information go to http://www.bwvint.com

About Endurance Exploration Group, Inc.:

Endurance Exploration Group, Inc. specializes in historic shipwreck research, subsea search, survey and recovery of lost ship containing valuable cargoes. Over the last 5 years, Endurance has developed a research database of over 1,400 ships that are known to be lost with valuable cargoes in the world oceans. For more information go to http://www.eexpl.com

Forward Looking Statements:

This press release contains forward-looking statements within the meaning of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. Such forward-looking statements are subject to certain risks and uncertainties including, but not limited to: ability to further strengthen our balance sheet, ability to raise funding for continued operations, ability to successfully and profitably locate additional wrecks and cargos, ability to establish ownership, and other factors. Therefore, actual results may differ materially from those indicated or implied by such forward-looking statements. Except as required by law, the Company disclaims any obligation to publicly update such statements.

Keith Webb
904-215-7601
kw@bwvint.com

BLUE WATER VENTURES INTERNATIONAL,INC (BWVI) Stock Research Links

BWVI Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

HelloNation Brings 'Edvertising' to NC REALTORS® Event

Updated Category News Views 30

HelloNation's Bold Step into Real Estate Networking October 8th to the 11th is shaping up to be a pivotal few days in Wilmington, North Carolina. Here’s the scoop: HelloNation, known for its innovative 'edvertising' model, is joining the bustling crowd at the 2026 NC REALTORS® Convention. This isn’t just any get-together—it's the grandest annual jamboree for real...

Continue Reading
Wally Disrupts Dental Industry with $25M Funding

Updated Category News Views 29

A New Breath of Fresh Air for Dental Care Dental visits—a tedious, costly affair we've all dreaded. So, when Wally rolls out an overhaul in this stale landscape, it's worth taking notice. With $25 million in their pockets from Series A funding led by Maveron, Wally's swaggering in with a plan to flip the script on dental care across the nation. Redefining the Dental...

Continue Reading
OCI N.V. Secures a Win in Court; EGM Proceeds as Planned

Updated Category News Views 30

OCI Dodges a Bullet in Amsterdam Court Stepping into the courtroom drama, OCI N.V. just took home a win as the Amsterdam Court of Appeal's Enterprise Chamber gave them a clean bill of health, kicking out the inquiry request from VEB and a bunch of other shareholders. The judges weren't convinced there was anything fishy going on, so they tossed the inquiry petition and...

Continue Reading
Merit Expands in New York with Bold Acquisition Move

Updated Category News Views 26

Merit Financial's Growth Trajectory Takes a Leap You watch the movers and shakers in this game long enough, and you start to see patterns. Merit Financial Advisors is one of those juggernauts you'd better keep an eye on. These folks just scooped up Moldenhauer & Associates—a firm that's been a staple in Orchard Park, New York—for a cool $1.1 billion worth of client...

Continue Reading
C3EL Expands Federal Footprint with Strategic Contracts

Updated Category News Views 15

Pushing Boundaries in Federal Contracts What a ride C3EL's had in Government Fiscal Year 2026! Let me tell you, they’ve bagged a bunch of contracts that’d make any company’s mouth water. Kicking things off, they snagged a prime cybersecurity contract from the U.S. Air Force. Considering our current cybersecurity landscape, that's like striking gold. But they...

Continue Reading
EMCO's New Automated Facility Could Shake Industry

Updated Category News Views 28

A Novel Leap in Production Capacity EMCO Industries just put a solid foot on the accelerator with their brand-new, shiny, fully automated plant over in Claremore, Oklahoma. If you're glancing at heavy-duty trailer springs, you can't ignore the fact that this is a multimillion-dollar investment. Heck, this monstrous 30,000-square-foot facility more than doubles what EMCO...

Continue Reading
Ornellaia's 2026 Harvest: Adapting to Nature's Whims

Updated Category News Views 28

A Year Marked by Weather's Unpredictable Dance Nobody said making wine was a walk in the park, and the folks at Ornellaia know better than most how to roll with whatever nature throws their way. The 2026 harvest story is as much about unlocking the secrets of the soil as it is about navigating the quirks of the weather. Situated in Bolgheri, Italy, this year's vintage...

Continue Reading
Vitamin Angels Drives Global Nutrition Advancements

Updated Category News Views 26

Navigating the Waters of Global Nutrition Bet you never thought a vitamin program could spearhead the front lines of healthcare, huh? Vitamin Angels are grinding away under the radar, shifting the landscape for maternal and child nutrition. At the heart of it all is their vision to make UNIMMAP multiple micronutrient supplementation (MMS) a staple in the global playbook....

Continue Reading
Gong, Agentforce, Avoma Crowned 2026 CI Champions

Updated Category News Views 31

Diving Deep into Conversation Intelligence There's a lot to unpack when three software titans hog the spotlight, and that's exactly what's happening in the world of conversation intelligence this year. It's like we've hit the jackpot with Gong, Agentforce Sales, and Avoma carving out their turf as the 2026 Champions, according to the venerable Info-Tech Research Group....

Continue Reading
Duke Energy's Cost-Protection Plan Shields Ratepayers

Updated Category News Views 22

Shielding Customers From Data Center Costs Let's get right into the thick of it: Duke Energy's latest move is a strategic one, shrouded in industry terms but with a real impact on regular folks' wallets. The company's agreement with heavyweights like Amazon, Google, and Meta aims to protect existing customers in North Carolina from getting hit with the costs of powering...

Continue Reading

Top 5 Most Recently Viewed Articles

Transforming Retirement Income: Insights on Safe Bucket Strategy

Updated Category News Views 202

Introduction to Retirement Income Planning Next Phase Advisors, led by Jeremiah Nolen, has introduced the innovative Safe Bucket Blueprint™, a framework aimed at providing retirees with a reliable income strategy amid today's unpredictable market conditions. With the decline in traditional pensions and the risk of outliving retirement savings becoming more apparent, the...

Continue Reading
CLSA Upgrades Mahindra Stock on SUV Growth and Strong Margins

Updated Category News Views 135

CLSA's Optimism Surrounding Mahindra & Mahindra Ltd. Recently, CLSA has demonstrated its bullish stance on Mahindra & Mahindra Ltd. (MM:IN) (OTC: MAHMF) by upgrading the stock rating from hold to outperform. The firm also increased the price target significantly from INR2,654 to INR3,400, showcasing a strong belief in the company’s growth trajectory, especially within...

Continue Reading
Revolutionizing Predictive Maintenance with Petasense VM4

Updated Category News Views 181

Transforming Predictive Maintenance with VM4 Petasense, a prominent player in Industrial IoT solutions, is set to revolutionize predictive maintenance with the upcoming launch of the Vibration Mote Model 4 (VM4). This advanced sensor is engineered to help industries predict and avert costly machinery failures, thus enhancing operational efficiency and reliability. Key...

Continue Reading
OMNIQ's Strategic Changes Lead to Positive Financial Outcomes

Updated Category News Views 161

OMNIQ Enhances Financial Stability in 2025 OMNIQ Corp. (OTCMKTS:OMQS) has shown remarkable progress, marking a significant improvement in its financial performance. In a recent announcement, the company revealed a substantial reduction in net loss for the first half of 2025. The loss shrank to a mere $34,000, a staggering decrease from $5.1 million in the comparable...

Continue Reading
Fisker's Liquidation Challenges: DOJ and SEC Oversight Looms

Updated Category News Views 73

Fisker's Liquidation Plan Under Scrutiny The recent developments surrounding Fisker, the notable electric vehicle manufacturer, reveal significant obstacles in its liquidation strategy. Recently, the U.S. Department of Justice intervened, voicing concerns over Fisker's compliance with safety regulations, particularly those governed by the National Highway Traffic Safety...

Continue Reading