Fears Titanic wreck could be pillaged

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Fears Titanic wreck could be pillaged

Postby Andrew Clarkson » Tue Jul 04, 2017 7:06 am

Archaeologists fear the Titanic wreckage will be pillaged, broken up and even raised from the seabed after the company which owns the salvaging rights sank deeper into financial ruin.

Premier Exhibitions revealed plans to auction off its 5,500-strong collection of artefacts last month in a bid to wipe out debts estimated at up to £9 million.

Academics and relatives of Titanic victims fear for the future of the ship's future after reports also claimed the Atlanta-based firm plans to sell off its future salvaging rights too.

It could mean private companies from across the globe could apply and subsequently raid the ship.

"It would seem they are cashing in on their rights for future salvaging," said William Neill, an environment professor formerly at Queen's University Belfast, who edited a 2013 book on the Titanic legacy.

"I can just imagine salvage rights being offered to amateurs from China, Japan and Australia, who are interested in Titanic exhibitions.

"The most awful scenario would be to see bits of the hull being raised from the seabed which doesn't bear thinking about.

"There is something very unseemly about bringing into the public gaze what is essentially a grave site

Read more; http://www.telegraph.co.uk/news/2017/07 ... ankruptcy/
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