Wreck of the SS Australis
aka SS America, SS American Star, etc. Victim of possible insurance fraud, former grand cruise ship on the Australian passage
From: webewitchHere's a complete Google Earth Fuerteventura Tour
Fri Feb 24 03:54:09 -0800 2006
It includes the American Star with photos and links to the webpage about it's history with many photos.
Apparently the ship has now completely disappeared.
From: Bokchoi CowboyWebewitch, as of the date of your post, this ship had not completely vanished.
Tue Nov 07 20:55:21 -0800 2006
As of October 2006, there is a major portion of the bow section still above water.
Go here to see the latest pictures. Good aerial shot in good conditions that shows the above water as well as sunken portions of the ship.