In late September, the U.S. Coast Guard (USCG) reported that it supervised the sinking of Panamanian ... the vessel sunk as a reef as part of the State of Florida Artificial Reef Project.

"The economic benefit of artificial reefs is very clear," says Michael Miglini, the captain of a 36-foot charter boat called Orion ... Vandenberg's $8.4-million sinking budget went to cleanup ...

The buying and sinking of the boat was funded by Coastal Recreational Fishing License revenues. Marine Fisheries says an artificial reef is an underwater structure built by people to promote ...

A tentative agreement has been reached to send the ship from Philadelphia to Florida, where it will be sunk to become the world's largest artificial reef ... charter fishing boats and hotels ...

Ship seized by Revenue ten years ago is sunk off the Mayo/Sligo coast to create artificial reef A number of people watched a livestream of the sinking ... and also went on boats to the site.