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Tritech RAMS for BP Quad 204 Tritech won a contract for its real-time riser and mooring line monitoring system RAMS. Tritech was selected by Single Buoy Moorings Inc. (SBM), designer and supplier of Turret Mooring Systems (TMS), to supply the primary safety tool for real-time mooring line failure detection and riser monitoring for the new build Floating Production Storage and Ofß oad-ing Unit (FPSO), for the BP Quad 204 development. The RAMS technology will provide 24/7 real-time simultaneous monitoring of the presence and precise position of all subsea targets beneath the FPSO. Tritech is to supply a full hardware and software solution to comply with detailed project speci- Þ cation, including DNV high availability and redundancy re- quirements. Odyssey Recovers Silver The latest recovery from SS Gairsoppa re-portedly set the world record for deepest, largest precious metal recovery. Odyssey Marine Exploration said it has recovered more than 61 tons of silver bullion this month from a depth of nearly three miles. This recovery of bullion from the SS Gairsoppa, a 412-foot steel-hulled British cargo ship that sank in February 1941, consists of 1,574 silver ingots weighing about 1,100 ounces each or almost 1.8 million troy ounces in total, sets a new re- cord for the deepest and largest precious metal recovery from a shipwreck. The silver has been transported to a secure facil- ity in the U.K. Including the silver recovered in 2012, Odys- sey has now recovered 2,792 silver ingots from SS Gairsoppa or more than 99% of the insured silver reported to be aboard the Gairsoppa when she sank. Under the terms of OdysseyÕs contract with the U.K. Department for Transport, which fol- lows standard commercial practices, Odyssey will retain 80% of the net salved value of the cargo. The contract was awarded to Odyssey following a competitive tender process. www.seadiscovery.com MTR #7 (18-33).indd 25MTR #7 (18-33).indd 258/22/2013 10:14:39 AM8/22/2013 10:14:39 AM