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Shipwreck Ownership Research Paper

272 Words2 Pages

The true owner
The debate over shipwreck ownerships have been going on for a long time. According to Mr. Terry Dwyer, the owner of Wreckhunter inc., it doesn’t matter where it sank, there is always a true owner. Researchers and even historians work together to find. If they cannot be found, the insurance company owns the shipwreck. If the ship has an owner or a company securing it, they also own the treasure inside it. However, if the ship transported cargo at the moment of the wreck, it belongs to whoever owned the cargo. The idea with finders keepers is lead by misinformation. Treasure hunters should not be allowed to invade a person’s property.

It’s complicated.
In the case of warships, it belongs to the country that owns it, usually by

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