Shipwrecked Sovereignty

Published date01 June 2015
AuthorJoshua Chambers-Letson,Yves Winter
DOI10.1177/0090591714555577
Date01 June 2015
Subject MatterArticles
Political Theory
2015, Vol. 43(3) 287 –311
© 2014 SAGE Publications
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DOI: 10.1177/0090591714555577
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Article
Shipwrecked
Sovereignty:
Neoliberalism and
a Disputed Sunken
Treasure
Yves Winter1 and Joshua Chambers-Letson2
Abstract
In 2007, a private corporation specializing in deep-sea salvage retrieved a
treasure-laden shipwreck in international waters southwest of the Iberian
Peninsula. The wreck was that of a Spanish warship that sunk during the
Napoleonic wars. Following the discovery, a legal dispute arose in U.S. federal
courts, between the corporate salvors, the Kingdom of Spain, and other
litigants. At issue in the legal proceedings was the status of the shipwreck
and whether it was protected by sovereign immunity. At the heart of this
case are differing political imaginations concerning the authority of states and
the role of corporations in the contemporary global order. Through a close
reading of court documents and the narratives in which the courts’ rulings
are embedded, we demonstrate that the case is symptomatic of the tension
in neoliberal sovereignty between two overlapping and at times competing
political rationalities: the neoliberal logic of capital and commerce and the
logic of sovereign prerogative.
Keywords
neoliberalism, sovereignty, globalization, shipwreck, privatization
1McGill University, Montreal, Quebec, Canada
2Northwestern University, Evanston, IL, USA
Corresponding Author:
Yves Winter, McGill University, 414 Leacock Building, 855 Rue Sherbrooke Ouest, Montreal,
Quebec H3A 2T7, Canada.
Email: yves.winter@mcgill.ca
555577PTXXXX10.1177/0090591714555577Political TheoryWinter and Chambers-Letson
research-article2014
288 Political Theory 43(3)
In March 2007, Odyssey Marine Exploration Inc., a Florida-based shipwreck
salvage company, discovered a shipwreck in international waters off the
Straits of Gibraltar, at a depth of 1,100 meters. Odyssey conducted a survey
of the site and proceeded to recover what is believed to be the most valuable
treasure ever excavated from a shipwreck: nearly 600,000 silver coins, hun-
dreds of gold coins, and other precious artifacts, together valued at approxi-
mately half a billion U.S. dollars. Shortly after the discovery, Odyssey filed a
claim in a U.S. Federal Court against the “Unidentified Shipwrecked Vessel,
its apparel, tackle, appurtenances and cargo.”1 As is customary in such cases,
Odyssey demanded possessory rights over the treasure it recovered or, alter-
natively, a salvage award for its services. For the purposes of establishing
jurisdiction, Odyssey deposited with the court a small bronze block recov-
ered from the site. The bronze block is central to the legal fiction of what is
known as constructive in rem jurisdiction—constructive, because the object
over which the court exercises its authority is not physically in its
possession.
In response to Odyssey’s legal action, two states and twenty-five individu-
als followed with their own claims against the Unidentified Shipwrecked
Vessel. The Kingdom of Spain filed a motion to dismiss. Spain argued that
the vessel was the Nuestra Señora de las Mercedes, a Spanish Royal Navy
frigate that sank in combat in 1804. Not having abandoned its sovereign
claim to the vessel, Spain insisted that the ship was entitled to sovereign
immunity from all claims in the United States.2
The case, which was recently decided in favor of Spain after being on the
docket of U.S. courts for five years, raises a number of important questions
about sovereignty. We propose to think about this case not only as a legal
event but as a performance that sustains, articulates, and authorizes particular
forms and discourses of sovereignty in the current historical moment. At the
heart of this case are differing political imaginations that offer contending
normative visions concerning the authority of states and the role of corpora-
tions in the contemporary legal and political global order. In this article, we
theorize two key issues: First, we interpret Odyssey’s quest for ownership
over the treasure as a manifestation of the contradictions inherent in the con-
temporary international order. More specifically, we argue that the case is
symptomatic of the friction between two overlapping and at times conflicting
political rationalities: the neoliberal logic of capital and commerce, and the
logic of sovereign prerogative. Second, we read the case as a performance of
sovereignty by the U.S. courts. We understand this performance as demon-
strating the state’s anxiety about its ability to claim and manage traditional
emblems of sovereignty (warships, sailors, coins, sea battles) and their repre-
sentation against the challenge of a corporation like Odyssey. At issue in the

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