Xing Da before the end of March.

However it is unlikely the vessel will be sunk for a new diving attraction until April or May.

Yesterday US authorities placed the first of three advertisements in The Royal Gazette inviting people to claim the vessel's ownership -- if they have proof.

Ten days after the last ads -- have run in Bermuda and Boston, US authorities will take official ownership of the vessel and hand it over to Bermuda, possibly before the end of March.