The stern of the container vessel the "rena" has sunk.the vessel split in 2 after floundering on some rocks on the coast on new zealand. I belive a salvage tug from Svitzer is now standing off the reck, but thats going to do a fat lot of good now though.
http://www.smh.com.au/environment/conservation/alert-over-containers-as-ships-stern-sinks-20120110-1pth3.html
