A group of divers have discovered a Phoenician shipwreck dating back to 700 BC off the coast of Gozo island in Malta, according to a news report in the Times of Malta . It is a unique and immensely important finding as it is the oldest known shipwreck in the central Mediterranean, it is among the oldest and most complete Phoenician ships ever recovered, and it will serve to shed light on inter-regional trade and exchange in antiquity.