I previously noted the discovery of the wreck of the HMS Erebus, part of a two ship fleet heading for the Arctic that were never heard from again. The other ship, HMS Terror, has now been found, as noted by Daniel Weiss in Archaeology Magazine:
Terror was located in September 2016 by an Arctic Research Foundation vessel that detoured to the wreck’s location based on a report from an Inuit crewmember who recalled seeing a piece of wood that looked like a mast sticking out of the ice covering Terror Bay six years earlier. Divers found the ship 80 feet underwater and in extremely good shape. Two weeks later, Parks Canada confirmed the identification, opening a new chapter in the story.
cschaffner on Promoting Urban Sustainability in the Arctic notes this wasn’t purely a research expedition:
While the rediscovery presents the opportunity for polar historians to learn what really happened to the Franklin expedition, the motives for finding these historical ships has far more to do with politics and national identity. As the Arctic warms and seasonal ice dwindles, the Northwest Passage may become a viable shipping option through the Arctic, and Canada is anxious to proclaim its sovereignty over the passage. Canada inherited Great Britain’s historical claims to Arctic waters, and a 1997 agreement between Canada and Britain secure Canadian ownership of the ships, with separate provisions for the artefacts and gold that might be found on them. The rediscovery of the HMS Terror and HMS Erebus demonstrate those historical claims to Arctic waters, and focus the country’s attention on a region that is of increasing importance for both the economy and national security.