The wreckage was first discovered in 1998 off the coast of Al Hallaniyah Island in the Arabian Sea, but an archaeological excavation to reveal more about the sunken ship has taken place over the last three years, an interim report published in the International Journal of Nautical Archaeology says.
Researchers think that what they found is the remains of the Esmeralda, a ship from the famous explorer's second voyage to India that is believed to have been destroyed in a storm.
The artifacts found at the wreck site -- including incredibly rare coins -- also helped to determine the nationality and date of the wreckage, said David L Mearns, the director of Blue Water Recoveries.
The coins were forged in 1499 after da Gama's first voyage to India, which helps date the wreckage, he said.
"That was an amazing discovery," Mearns said, adding that "It was like a thing you read about in a Hollywood story."
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
