June 2021 Progress Report

Download PDFDownload As earlier reports have stated, the bulk of our efforts throughout the first 6 months of 2021 have been focused on identifying and securing new sources of finance to allow us to return to our major target in the North Atlantic and complete the...

March 2021 Status Report

March 2021 Progress ReportDownload Dear Shareholder I am conscious it has been some time since our last progress report but as previously highlighted, we have been very much involved in pursuing the recovery of our Asian salvage client’s assets to mutual benefit and...

November 2020 Status Report

Dear Shareholder, BGL is intent on returning to the Atlantic salvage target as early as possible in 2021 and to that end is currently seeking new investment of circa £5m. A number of constructive discussions are ongoing, the view shared by new investors being that the...

See what our Shareholders are doing

T&T Marine Salvage, one of our shareholders, led by Mauricio Garrido, our Non-Executive Director, is currently very much involved with a major wreck removal project in Georgia, the GOLDEN RAY. The company is the prime contractor and has subcontracted all...