Page last updated at 05:51 GMT, Thursday, 16 April 2009 06:51 UK

Wreck team seek to 'allay fears'

Cannon on seabed
HMS Victory bronze cannon bears the royal crest of King George I

A marine exploration company which found a historic wreck off the Alderney coast is to meet the island's president to "allay fears" about its salvage.

Odyssey Marine Exploration discovered the wreck of the HMS Victory, which sank in 1744, in May 2008.

The ship, the predecessor to Nelson's famous flagship, went down during a storm with the loss of 1,000 lives.

President Sir Norman Browse has said he fears the wreck site was "cruelly invaded", but Odyssey has denied this.

We're not a grab and run operation
Aladar Nesser, Odyssey Marine Exploration

Aladar Nesser, director of the Florida-based firm, told BBC News: "Our objective is to keep the artefacts together as part of an exhibition.

"We're not a grab and run operation, I challenge anyone to find one incidence where we have done that. It's our job to clarify things and let the public know the facts versus the speculation.

"Everything we have ever done is in accordance with the law, transparent and very forward thinking."

He said it was "solid archaeology" with a "commercial angle".

It is believed the wreck of the Victory could contain more than $1bn (£667m) of gold treasure.

Two bronze cannon have already been recovered.

Although the remains were discovered in international waters, as a military wreck, any gold recovered will be the property of the UK government.

Print Sponsor

'Utmost respect' for sunken wreck
27 Feb 09 |  Guernsey
'Mighty' HMS Victory wreck found
02 Feb 09 |  Guernsey
Original HMS Victory is 'found'
01 Feb 09 |  Europe

The BBC is not responsible for the content of external internet sites

Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit


Americas Africa Europe Middle East South Asia Asia Pacific