Although he ultimately lost money on the contract, Cox kept going, employing new technology and methods as conditions dictated. By 1939, Cox and Metal Industries Ltd. (the company that he had sold out to in 1932) had successfully raised 45 of the 52 scuttled ships. The last, the massive , was raised from a record depth of 45 metres just before work was suspended with the start of the Second World War, before being towed to Rosyth where it was broken up in 1946.