Connect with us

Hi, what are you looking for?

Jewish Business News

World News

Sunken Russian warship Dmitry Donskoy carrying $133 billion in old discovered

Dmitry Donskoy carried billions worth of gold bars and coins was sunk in 1905 by its crew near South Korea to prevent it from falling into the hands of Japan

A South Korean wreckage company has found traces of Dmitry Donskoy, a Russian warship’s navy ship that was sunk 113 years ago – and estimates it may have carried $133 billion worth of gold bars and coins, according to news reports.

The ship, Dmitry Donskoy, was sunk by its crew in 1905 near the coast of the South Korean island of Ulleungdo to prevent it from falling into the hands of the Japanese navy after escaping from the Battle of Tsushima between Russia and Japan.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

According to the British Times, divers of the rescue company Shinil Group have searched for the ship for years, and the company’s announcement, they finally found the ship on Sunday at a depth of 434 meters and about a mile from the shores of the island of Ulleungdo. According to the company’s estimations, the wreck may have carried up to 200 tons of gold.

Sunken Russian warship carrying $133 billion in old discovered Credit Shinil Group

The group is currently working with several companies from China, Canada and the UK to plan an operation to rescue debris from the seabed. It was reported that the operation would take place in October and November, and its findings would be revealed in December.

The teams initially estimated that the remains belonged to the “Donskoy” following their suitability for its structure – which included three sails and two chimneys. The ship, launched in 1883, and used both wind and coal to move.

A second team that examined the remains the next day identified it with certainty after identifying the name with Cyrillic letters inscribed on the hull.

According to the research group, אhe ship’s body is partially broken, but the deck made of wood was kept mostly as a whole. It was also reported that the cannons, machine guns, and the steering wheel remained in place.

The company noted that it had located a “large quantity” of iron boxes and that it would “take the necessary steps to preserve them.” Their contents were not disclosed.  The Daily Mail reported that the divers had not yet managed to open the boxes.

Dmitriy Donskoy Sunken Russian warship carrying $133 billion in old discovered/ Wikipedia

If the group’s estimates are correct, and Dmitry Donskoy  indeed contains the coveted gold, it promised to donate 10% of the sum to the development of Ulleungdo island, which is largely uninhabited but considered an important tourist site for South Korea.

Another 10% promised to give Russia ownership of the original ship. The funds will be invested in a project to build a railway that will connect Russia to South Korea via North Korea.

Despite the group’s announcement, there were calls in Russia to return all the findings to Moscow. Yaroslav Levansky, an official in the Russian movement “commemorating those who died for the homeland,” told the Daily Mail that “this ship is precious to Russia, a very important remnant, a symbol of tragic and heroic past and part of Russian military history.”

The Donskoy spent most of the time in the Far East or the Mediterranean. In 1904 it was transferred to the Russian Navy’s second fleet after many Russian naval forces were destroyed by the Japanese.

Russian warship 'carrying $133 billion Credit Shinil Group

The ship’s function was to guard transport ships at the rear, sent as reinforcements to the Russian fleet in the Far East. The naval commando was attacked by Japanese naval vessels in May 1905. In the Battle of Tsushima, Russia suffered a crushing defeat: 21 of its 38 ships drowned and 4,500 were killed. Japan, on the other hand, lost only three ships and suffered 117 casualties.

The Donskoy managed to escape from the battle, but was seriously injured and began to make its way to Vladivostok in the Far East of Russia – but was spotted by the Japanese navy, which opened fire on it.

About 60 crew members were killed and more than 120 wounded. The ship’s captain, who was also wounded and later died of his wounds, ordered the crew to leave for the island of Ulleungdo, where they drowned it to prevent it from falling into the hands of the Japanese.

The group said that in order to prove beyond any doubt that it is indeed a Dmitry Donskoy, it will work to return some of the captain’s personal belongings, Ivan Lebedev.

 

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.