Roughly $400 million worth in gold, silver and jewels is believed to have gone down with the ship during its voyage to bring ...

The discovery was part of a "vast fortune carried by the fleet, which was transporting New World riches back to Spain," the company said.

The Fort McHenry Federal Channel will be closed to establish a safety zone this week as they begin salvage efforts of a hatch cover that exploded in the harbor earlier this month, according to the US ...

A cargo ship carrying nearly 4,000 luxury cars, including Lamborghinis and Porsches, sank off Portugal in 2022—now ...

Over the summer, salvage divers visited a site where at least one wreck was known to rest, and pulled up coin after coin after coin.

As for autonomous ships, Austal USA is no newcomer. Along with partners L3Harris and General Dynamics Mission Systems, it rigged out one of its EPFs, the USNS Apalachicola, as an autonomous vessel for ...

Hapag-Lloyd has agreed to the terms of a settlement agreement that would close the book on the salvage portion of most ...