The trading vessel was carrying an extremely valuable cargo of tin and hundreds of copper ingots from the Continent when it sank.
Experts say the "incredibly exciting" discovery provides new evidence about the extent and sophistication of Britain's links with Europe in the Bronze Age as well as the remarkable seafaring abilities of the people during the period.
Archaeologists have described the vessel, which is thought to date back to around 900BC, as being a "bulk carrier" of its age.
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