BWVI Launches New Project and Begins Identifying Targets

BWVI Launches New Project and Begins Identifying Targets

Jacksonville, Florida – September 9, 2014, Blue Water Ventures International, Inc. (OTC: BWVI) announced today that it recently launched the Ghost Fleet Project and has discovered certain yet to be identified underwater anomalies during its first days of operations. Company divers will investigate targets found by the survey team over the next 30 days.

The Ghost Fleet Project is targeting richly laden ships that were lost in deep water in the Florida Straights over the past 450 years. This project has been years in development and is the culmination of extensive efforts in a variety of scientific arenas, including; detailed historical research in record repositories throughout the United States and Europe, computer simulations of wind, wave and storm patterns, compilation of anecdotal information from divers and fishermen, and correlation of all scientific data with known shipwreck locations.

History

For centuries ships transported the wealth of the Americas back to Europe. Over the years navigators learned the easiest way back to Europe was to follow the powerful Gulf Stream current which took them past the Florida Keys and up through the Florida Straights; the narrow body of water separating Florida and the Bahamas. Once past these areas ships could plot a course across the Atlantic and back to Europe.

Hurricanes and Northeasters regularly come through this region creating huge seas and devastating winds. When these conditions collide with the powerful Gulf Stream current ocean waves can grow to mountainous proportions. Once in the grip of these powerful forces ships were helpless as they were driven by the winds and blown ashore against the coast of Florida which is evidenced by the countless shipwrecks lying in Florida waters.

The storms in this area can be so devastating that entire fleets were lost at a time. The Great Spanish Treasure Fleets of 1622, 1715 and 1733 were destroyed and scattered their treasure along Florida’s coast. Treasures from these ships are still being found to this day.

Ghost Fleet Ships

While untold numbers of ships were lost along Florida’s coast, many more ships were not so lucky. These ships were lost out at sea and never made it far enough to wreck on the coast. Witnesses on board ships that survived these powerful storms often recounted stories of other ships in their fleet that were capsized by ferocious winds and monstrous waves, while others were simply ripped apart and disappeared beneath the waves. Individual ships traveling alone never made their destination and went missing without a trace. These are the ships being targeted by the Ghost Fleet Project.

Recent Operations

Survey operations on the Ghost Fleet began last week in an area that research indicates one or more of these wrecks may be located. Our survey team, while using our side scan sonar system has already begun locating unidentified targets.

As our surveys team expands into other areas our dive teams will be investigating the various targets that we have identified to determine whether they are of value to the Company. We will be continuing this methodical process as the Ghost Fleet Project move forward. These efforts are dependent upon other things, local weather conditions and our ability to raise the proceeds needed to finance our efforts.

 

 

CONTACT:Blue Water Ventures International, Inc.
W. Keith Webb
(904) 215-7601
keith.webb@bwvint.com
www.bwvint.com

ABOUT BLUE WATER VENTURES INTERNATIONAL

BWVI conducts archaeologically sensitive recoveries of cargo and artifacts from various shipwrecks on the basis of extensive research and diligence specific to each project. BWVI operations to date have focused on shallow water search and recovery projects. BWVI intends to expand its focus to include deep-water salvage upon successful funding.

SAFE HARBOR STATEMENT

This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms “believes,” “belief,” “expects,” “intends,” “anticipates,” “will,” or “plans” to be uncertain and forward looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties including but not limited to both parties successfully concluding due diligence, the execution of definitive agreements and the parties successful raise up of capital.

BWVI Mobilizes Large Sonar Survey Operation

BWVI Mobilizes Large Sonar Survey Operation

JACKSONVILLE, Fla., Sept. 5, 2014 (GLOBE NEWSWIRE) — Blue Water Ventures International, Inc., (“BWVI”) a publicly traded company (OTC:BWVI) engaged in the search and recovery of Historic Shipwrecks, has begun mobilizing a large side scan sonar survey to be conducted off the east coast of the United States. BWVI personnel have begun preparing our boats, systems and support equipment for operations scheduled to begin next week.

Phase One operations will focus on a fifty square mile area along Florida’s Treasure Coast. This area of Florida’s coast is famous for the wrecks of the great Spanish Treasure Fleet of 1715. Several of the ships of this fleet have never been located. Our operations will focus in deeper water off the coast where historical research indicates one or more of the lost galleons may be located.

Side Scan Sonar

Side-scan uses a sonar device that emits conical or fan-shaped pulses down toward the seafloor across a wide angle perpendicular to the path of the sensor through the water, which may be towed from a surface vessel or submarine, or mounted on the ship’s hull. The intensity of the acoustic reflections from the seafloor of this fan-shaped beam is recorded in a series of cross-track slices. When stitched together along the direction of motion, these slices form an image of the sea bottom within the swath (coverage width) of the beam. The sound frequencies used in side-scan sonar usually range from 100 to 500 kHz; higher frequencies yield better resolution but less range.

Learn more about sonar at this link: http://en.wikipedia.org/wiki/Side-scan_sonar

Discoveries

Side scan sonar has proven to be one of our industry’s most efficient and cost effective technologies for locating shipwrecks. Countless shipwrecks have been located since its inception including some of the most famous such as the Nuestra Senora de Atocha, SS Central America and the SS Republic.

Interested parties are encouraged to join the BWVI Mailing List to stay up to date on the latest company developments which can be found at this link: http://news.bwvint.com/newsletter

Examples of shipwrecks as shown on a Side Scan Sonar Images

SSS1

 

SSS6

 

FRANKLIN-SEARCH

 

About Blue Water Ventures International, Inc

BWVI conducts archaeologically sensitive recoveries of cargo and artifacts from various shipwrecks on the basis of extensive research and diligence specific to each project. BWVI operations to date have focused on shallow water search and recovery projects. BWVI intends to expand its focus to include deep water salvage.

Forward Looking Statements

This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms “believes,” “belief,” “expects,” “intends,” “anticipates,” “will,” or “plans” to be uncertain and forward looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties, including but not limited to, our ability to locate treasure or other historical artifacts or raise financing to sustain ongoing operations that are described from time to time in the company’s reports filed with OTC Markets.

CONTACT: Keith Webb, CEO
         Blue Water Ventures International
         904 - 215 - 7601
         Keith.Webb@bwvint.com
         www.bwvint.com

 

 

 

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