Time is running out for a salvage attempt to recover a 67-year-old historic wooden boat that foundered last week before, as one expert says, the ocean floor starts to “claim” the wreck. Time is running out for a salvage attempt to recover a 67-year-old historic wooden boat that foundered last week before, as one expert says, the ocean floor starts to “claim” the wreck. Marine Transport Industry, Disasters, Accidents and Emergency Incidents, History, Environmental Impact Latest business news