MacArtney Winch System for Seafloor Mineral Exploration
Odyssey Marine Exploration (Tampa, Florida) has recently procured a powerful MacArtney MERMAC R50 AHC (Active Heave Compensation) winch for use onboard the R/V Dorado Discovery. In partnership with St. Vincent Bay Exploration (SVBE) based out of Moss Landing, California, Odyssey will use the winch to deploy various seafloor exploration systems and equipment in the Pacific Ocean.
Odyssey Exploration Begins 2013 Gairsoppa Operations
Odyssey Marine Exploration, Inc., a company in the field of deep-ocean shipwreck and offshore mineral exploration, has begun 2013 operations on the SS Gairsoppa shipwreck site as scheduled. On May 22, the Odyssey team aboard Swire Seabed's Seabed Worker left port in Bergen, Norway. The team reached the Gairsoppa site and commenced operations on May 29…
Odyssey Marine Exploration Reports Q1 Performance
Tampa, FL – May 9, 2011 - Odyssey Marine Exploration, Inc. (NasdaqCM: OMEX), pioneers in the field of deep-ocean shipwreck exploration, has reported results for the first quarter ended March 31, 2011. Revenue for the first quarter 2011 was $2.1 million, compared to $2.9 million in the first quarter 2010. The Company also reported a net loss of $5.2 million, compared to a net loss of $3.1 million in 2010.