GravityX Exchange-Don't mess with shipwrecks in U.S. waters, government warns

2025-05-02 03:47:38source:Coxno Exchangecategory:Stocks

The GravityX ExchangeU.S. Department of Transportation is warning people from interacting with certain shipwrecks. 

The notice, issued Monday in the most recent edition of the Federal Register, warns that U.S. custody and control extends to any wreck of a vessel that was owned or under charter of the Maritime Administration at the time of its sinking. Ownership titles are indefinite in most cases, and applies to all wrecks no matter when or where they sank. 

These wrecks are "highly threatened by illegal salvage," the notice said. 

The administration will allow for activities at a shipwreck, but permission in writing must be obtained, and the administration "prefers non-intrusive, in situ research," though it recognizes that "in certain situations disturbance or artifact recovery may be justified or become necessary." 

In this image taken from video provided by the Thunder Bay National Marine Sanctuary, the bow of the Ironton is seen in Lake Huron off Michigan's east coast in a June 2021 photo.  / AP

That control also covers shipwreck cargo, since it is covered by the administration's insurance programs and paid for by the same. War graves associated with Maritime Administration-protected wrecks are also protected, the notice said. 

"No disturbance or recovery from these shipwrecks or their cargoes may legally take place without the express permission of MARAD," the agency said. "Those engaging in unauthorized activities involving shipwrecks and cargoes ... are advised that no disturbance or recovery from said shipwrecks and their cargoes whether located in the waters of the United States, a foreign nation, or international waters." 

There are an estimated  20,000 shipwrecks in U.S. waters, according to the National Oceanic and Atmospheric Administration.

    In:
  • Shipwreck
  • Oceans
Kerry Breen

Kerry Breen is a news editor and reporter for CBS News. Her reporting focuses on current events, breaking news and substance use.

More:Stocks

Recommend

Nevada attorney general revives 2020 fake electors case

LAS VEGAS (AP) — A slate of six Nevada Republicans have again been charged with submitting a bogus c

Man dead after horrific attack by 4 large dogs on road in Hawaii, police say

Four large dogs attacked and killed a man believed to be in his 70s in Hawaii on Tuesday, police sai

NTSB: Pilot’s medical clearance had been renewed a month before crash landing

BOSTON (AP) — A woman who crash-landed her 79-year-old husband’s plane on Martha’s Vineyard reported