The location of a wreckage in the Binissafúller cove has been known since 1960s. The site was partially excavated in the middle of the 1970s by a team from the Museu de Menorca, the Complutense University of Madrid and the Centre for Underwater Research of Menorca.
This first archaeological project allowed for the discovery of the remains of a ship whose cargo was made of Iberian amphorae from the 3rd century BC.
Between 2006 and 2016, the Associació d'Amics del Museu de Menorca conducted four excavation seasons, with the endorsement of the Museu de Menorca and the financial support of the Consell Insular de Menorca and the Ministerio de Educación y Ciencia. These excavations shed more light on the available information about the shipwreck.
The ship was built with the system of placing the shell first, and has its frames sewn to the strake, using mortise and tenon joints. The cargo consisted in flat-mouthed Iberian wine amphorae. Both the new pottery finds and the study of the shipbuilding techniques suggest that the ship was built in the first half of the 4th century BC.