Word: oceanic
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...waters off Peru and Ecuador are usually an exceptionally rich fishery. As the cold Humboldt Current sweeps north from the Antarctic, it lifts a rich mix of nutrients from the ocean floor that lets a variety of marine life flourish. In 1970, Peruvian fishing boats called bolicheras (from the Spanish word for dragnet) hauled in 13 million tons of anchovies, a fifth of the world's total fish catch. Now, the warm equatorial water is blocking the upwelling of nutrients from the sea bottom. The result is economic disaster. The anchovies are largely gone. Coastal waters have turned into...
...scientists study El Niño, they are finding that it is really a much broader disturbance of ocean currents and winds that ranges far across the Pacific and even beyond. One aspect of this larger phenomenon is an event weather scientists call the southern oscillation, a flip-flop-like reversal of atmospheric pressures at opposite sides of the great ocean. At this time of year, a great, spongy mass of warm, wet air ordinarily hangs over Australia and Indonesia, while the eastern side of the Pacific is covered with relatively dry, cool air. Not so in 1983. A high...
...improbable investment yields riches from the ocean floor...
...loot was handed out last month in Key West at the offices of Treasure Salvors Inc., the outfit that found the hoard on the ocean bottom. Three years ago, the investors, ranging from a California brain surgeon to a Florida auto dealer, paid $20,000 for each of the 35 units in a unique tax-shelter limited partnership. The deal was the brainstorm of an ebullient New Jersey tax-shelter specialist, Jerry Burke, 50. The money entitled the investors-partners to 17.5% of anything recovered during 1980 from the Spanish galleon Santa Margarita. That ship and a sister ship...
...People think we just go out in rowboats and fish up treasure," says Treasure Salvors Vice President Bleth McHaley, "but it took us seven years to find it, and seven more years to establish our right to keep it." Finding it involved 400,000 miles of crisscrossing the ocean, towing special magnetometers developed by Treasure Salvors' Fay Feild, an electronics engineer. Occasionally, Fisher brought in seers, psychics and trained dolphins to break the technological tedium. There were thousands of fruitless dives into holes blown through 20 ft. of sand. And in 1975 there was tragedy. A week after...