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(Bloomberg) -- The cargo ship that caught fire in the Atlantic while transporting roughly 4,000 Volkswagen AG vehicles to the U.S. has sunk despite efforts to tow it to safety. The Felicity Ace sank 220 nautical miles off the coast of Portugal’s Azores Islands around 9 a.m.

The fire on the cargo ship Felicity Ace, which had burned for more than a week, is likely extinguished and the vessel is now being towed, according to the

Volkswagen AG has lost hope that many of its roughly 4,000 vehicles aboard a cargo ship that caught fire last week in the Atlantic can be saved. The

The fire on the cargo ship Felicity Ace, which had burned for more than a week, is likely extinguished and the vessel is now being towed, according to the

LISBON (Reuters) - More than a week after a ship packed with luxury cars caught fire in the middle of the Atlantic Ocean, a salvage team managed to board the vessel on Friday and started to tow it to a safe location off the Portuguese Azores archipelago.

More than a week after a ship packed with luxury cars caught fire in the middle of the Atlantic Ocean, a salvage team managed…

LISBON – More than a week

The Felicity Ace is adrift with thousands of burning vehicles, some of them electric. What do we know about claims that batteries are making these fires worse.

Rough waters forced authorities on Wednesday to postpone a salvage operation for a ship packed with luxury cars that have been on fire for a week in the middle of the Atlantic Ocean, a port official said. With teams unable to board the Felicity Ace, heavy tug boats sprayed water to cool the vessel, which ...

Heavy tug boats on Tuesday sprayed water on a burning ship carrying thousands of Porsches and Bentleys adrift off the coast…