This shipwreck contains of three parts: Cabin, Upper and Lower decks.
The cabin holds a small chest with 3 pearls and 3 gold coins around it. The upper deck has a small stone chest of random Soul Gems and bag with 100 gold in it. There is a skeleton corpse in the lower deck with waterbreathing potion.
There is also a sunken longboat near the wreck, with a small chest containing 10 gold.