Spain voluntarily dismisses claim in one Odyssey Marine case

One of Spain's three admiralty cases involving Odyssey Marine Exploration shipwrecks has been dismissed in Tampa federal court.

Spain decided to voluntarily dismiss its claim because evidence Odyssey was ordered to disclose indicated the shipwreck is an Italian vessel, court records show.

Odyssey (NASDAQ: OMEX), which is based in Tampa, said in a release that the shipwreck is believed to be a 20th century passenger liner. This shipwreck is not the Black Swan shipwreck where Odyssey recovered more than 500,000 silver and gold coins.

Spain reserved the right to refile a claim if future information indicates it has an interest in the vessel or its contents, court records show.

• Print
• Email

Reader Comments

• More News Headlines
• Popular News Stories