A Thai bulk-carrier ship transporting millions of baht worth of teak from Burma sank in the Andaman Sea just off Phang Nga province on Sunday.
All crew on board the Chart 1 managed to escape on inflatable rafts.
Vice Admiral Narong Tesvisarn, Commander of The Third Naval Area Command in Phang Nga, received a distress call from the crew of Chart 1 just after 7am on August 23.
The distress call said the crew were in need of urgent rescue from their sinking ship.
The Thai Navy vessel Tor.214 responded and located the vessel in rough seas still afloat, approximately 5.3 nautical miles from the Phang Nga Naval Base, roughly 55km north of Phuket.
Chart 1 was in the process of transporting 1,200 teak logs in its 3,200-tonne hold from Burma to its final destination in Vietnam.
The old ship was supposed to take a well-known nautical route from Burma, heading across the Andaman Sea, down through the Straits of Malacca and then on to Vietnam.
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