Wreck was sunk by a German Andrew Craig in 1941 . Odyssey 's senior project manager Andrew Craig said : `` We 've accomplished the first phase of this project - the location and identification of the target shipwreck . The ship was carrying a cargo of silver bullion , tea and pig iron . Only one of the 85 people on board survived the sinking . SS Gairsoppa found 300 miles off the coast of Ireland , at a depth of 300 miles .
Wreck was sunk by a German Andrew Craig in 1941 . The ship was carrying a cargo of silver bullion , tea and pig iron . Only one of the 85 people on board survived the sinking . SS Gairsoppa found 300 miles off the coast of Ireland , at a depth of 300 miles .