We were shark fishing there this spring. From a web site.
The AWOIS listing on the Marine Electric follows:
HISTORY
CL298/83--5TH CGD TO AMC;
S/S MARINE ELECTRIC SUNK ON 2/12/83 IN APPROX. POS.
LAT. 37-52-47N, LONG. 74-46-00W IN APPROX. 118 FT.
(APPROX. 30 NM OFF COAST OF CHINCOTEAGUE,
VA).
VESSEL OF U.S. REGISTRY, 605 FT. L, 75 FT. BEAM.
INVEST. BY CG 2/16/83, DIVERS AND SIDE SCAN SONAR.
VESSEL BROKEN IN TWO PARTS, SCATTERED DEBRIS.
LD APPROX. 70 FT. ON MAIN PORTION.
SSS SUGGESTS SHOALER LD.
REQUESTS NOS WIRE DRAG, EARLIEST CONVENIENCE.
CL583/83--RU/HE TO 5TH CGD;
HIGHEST POINT OF WRECKAGE OF MARINE ELECTRIC
It is about 32 miles south south west.