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Photo: RIA Novosti An American treasure seeker and shipwreck hunter, Greg Brooks, claims to have found a 71-ton shipment of platinum ingots worth $3 billion, which was intended as a lend-lease payment from the Stalin-ruled Soviet Union to the United States. The treasure is in the hold of a sunken British merchant ship, Port Nicholson, which was torpedoed by a German submarine in 1942. Brooks is prepared to go after the platinum and has reportedly obtained a court’s permission for a salvage operation, which he hopes will begin later this month or in early March. He first spotted the Port Nicholson in 2008 and identified its hull number using an underwater camera. Sergei Olkhovsky is an expert in underwater research at the Institute of Archeology of the Russian Academy of Sciences and this is what he says: "We know that on June 16, 1942, a German U-87 submarine attacked convoy XB-25 heading from Halifax to Boston and ran down two vessels, one of them being the British steamer Port Nicholson that was reportedly carrying 4,000 tons of military cargo. Although the downed ship’s site was no secret, it failed to arouse much enthusiasm among researchers because it is far from the coast and at a considerable depth, and also because the cargo might pose danger." The ship lies at a depth of 213 meters 50 nautical miles off the Cape Cord peninsula in the northeast of the Untied States. Raising either the ship or its contents could prove risky and costly. But Greg Brooks is eager to take the risk. Sergei Olkhovsky does not rule out that there could indeed be platinum aboard the sunken ship.

An American treasure seeker and shipwreck hunter, Greg Brooks, claims to have found a 71-ton shipment of platinum ingots worth $3 billion, which was intended as a lend-lease payment from the Stalin-ruled Soviet Union to the United States. The treasure is in the hold of a sunken British merchant ship, Port Nicholson, which was torpedoed by a German submarine in 1942. Brooks is prepared to go after the platinum and has reportedly obtained a court’s permission for a salvage operation, which he hopes will begin later this month or in early March. He first spotted the Port Nicholson in 2008 and identified its hull number using an underwater camera. Sergei Olkhovsky is an expert in underwater research at the Institute of Archeology of the Russian Academy of Sciences and this is what he says:

"We know that on June 16, 1942, a German U-87 submarine attacked convoy XB-25 heading from Halifax to Boston and ran down two vessels, one of them being the British steamer Port Nicholson that was reportedly carrying 4,000 tons of military cargo. Although the downed ship’s site was no secret, it failed to arouse much enthusiasm among researchers because it is far from the coast and at a considerable depth, and also because the cargo might pose danger."

The ship lies at a depth of 213 meters 50 nautical miles off the Cape Cord peninsula in the northeast of the Untied States. Raising either the ship or its contents could prove risky and costly. But Greg Brooks is eager to take the risk. Sergei Olkhovsky does not rule out that there could indeed be platinum aboard the sunken ship.

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