The brig Astrid ran aground near Cork and sank shortly after leaving port. The reports state that an engine failure, combined with strong wind and current were the culprits. All 30 crew and trainees were evacuated safely, and now she is holding fast to the rocks with little movement. surveyors and divers are apparently going to consider possible salvage of the nearly 100 year old vessel, but it's too soon to make any real predictions along that front.
http://www.dailymail.co.uk/news/article-2376754/Major-air-sea-rescue-plucks-thirty-volunteers-tall-ship-Astrid-runs-aground-rough-weather.html
http://www.irishtimes.com/news/ireland/irish-news/divers-and-surveyor-to-consider-possible-salvage-of-astrid-1.1475208