Last week a Tongan ferry, the Princess Ashika, sank with the loss of 73 passengers. 56 people were rescued. The ferry has been located and is at a depth of 110 metres. This week a New Zealand navy dive has managed to use an ROV to find and formally identify the vessel. The New Zealand Herald has some photographs and video from the navy on their website, which shows the ferry sitting upright on the seabed.
A salvage expert has said that it may cost several million dollars to salvage the ferry, and it is unlikely to happen. The navy dive team can only carry out recovery missions to 60 metres, so unless specialist divers are brought in, it is unlikely that the human remains will be recovered either.
You can see some video here, or some photographs here.