A cargo ship carrying around 4,000 luxury cars that caught fire almost 2 weeks ago has sunk off the Azores, an autonomous region of Portugal.
The disaster costs insurers an estimated $155 million.
The fire broke out onboard on Feb 16 with the Volkswagen Group vehicles en route from Germany to the US.
All 22 crew members evacuated the same day, RT reported.
No oil leak has been reported yet.
