From the March 7, 2016, Guardian.
The shipwreck was discovered February 27th near Oak Island off the North Carolina coast near Wilmington. It is in the Atlantic Ocean at the mouth of the Cape Fear River near Fort Caswell. This was a favorite entrance and exit point of blockade-runners during the war.
It is believed to be the wreck of the Agnes E. Fry. Two other runners are known to have sunk in the area, but both the Georgianna McCaw and Spunkie are shorter in length.
An expert said "It is the right shape," for the iron-hulled ship which was state-of-the-art for its time. Everything a good blockade-runner should be to better its chances of running the blockade. The wreck rises six-eight feet above the surrounding sand and it is possible that some cargo remains.