Marsala Ship Marsala Ship The Marsala Ship is the earliest warship known from archeological evidence. It is a wreck discovered in 1969 in an area called "Punta Scario" in the harbor of Marsala in western Sicily, Italy, near the Aegadian Islands. The Marsala Ship's "nationality" was painted on the sides with letters by its Punic builders from Carthage. Its architecture and contents show that it was not a merchant cargo ship. A merchant cargo ship made regular journeys and required large containers for storing water. It also needed grinders and mortars for dried food. It would normally carry large pots for communal
Sea Island, Georgia on its loans, which were later found to have been ill-advised from the start. and had to lay off about 25% of its workforce. Although two major creditors, Synovus and Bank of America agreed to a restructured loan package in 2009, Sea Island Company was unable to sell off enough of its land holdings, and again defaulted in 2010. Later that year, the company filed Chapter 11 Bankruptcy, and was acquired by a consortium of investors who formed Sea Island Acquisitions, LLC, to manage the property and turn its business around. http://www.ledger-enquirer.com/news/business/article29324686.html In 2013, Sea Island celebrated its 85th anniversary.