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It was rumoured at the time of sinking in 1989 that the Unicorn was sunk on purpose as an insurance scam. The 60 metre long cargo vessel was reported to have a hold full of expensive tuna fish which turned out to be inexpensive dog food, hence the nickname it later aquired - the "dog food" wreck. Lying around 12km off Mango Bay and in 50 metres of water it is also a technical dive. Still mostly intact with the majority of the obtrusive fishing nets now removed some penetration is possible. The wreck is now home to some big red snappers and patrolling groupers. GPS coordinates are currently unavailable however as a rough guide the wreck is located around 20-25 minutes due north of Koh Tao travelling at 10 knots.
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