Salvage Update March 2019

Salvage Update 11-03-2019 The company been busy working towards the final testing of the newly devised cutting system that it will use to gain entry into the immediate and future targets. A great deal of hard work and time has been invested by the offshore team and...

Salvage update February 2019

“We have been wanting to update shareholders for some time but have had to deal with a number of extraneous issues that were relevant to any decision to return to our Salvage programme. That said, we can now announce that notwithstanding a highly competitive market we...

Salvage Update January 2019

Britannias Gold – Update 21/01/2019 Moving into 2019 to continue the 2018 salvage campaign, BGL intends returning to the Neptune site as soon as suitable weather allows. As you will know from the updates supplied during the recent campaign, the salvage team had great...

Salvage Update 2 – December 2018

Progress over the last 10-days on site has been good with marked improvement in the hull plate removal rate and excavations of overburden. Perseverance and determination are the two words that spring to mind when it comes to this wreck as BGL has worked its equipment...

Salvage Update – December 2018

Britannias Gold – Salvage Update 05/12/2018 Progress at site since our last update has been satisfactory given the conditions we have been working in and the continuing removal of hull plate has proven to be time consuming and difficult. As mentioned in our last...