Because the Craigantlet carried some containers marked with hazardous material codes — and reportedly some containers mislabeled as empty that were not[1] — there was concern that a dangerous chemical spill could occur. The immediate area was evacuated and an unmanned warning light was put in place. The containers were successfully removed over the next six weeks. The wreck of the Craigantlet was left in place, and partial remains were still visible in 2002 during low tide at Killantringan.

http://en.wikipedia.org/wiki/MV_Craigantlet