U-701
was a Type VII-C U-boat commanded by Kaitanleutnant Horst Degen,
sunk 7 July 1942 off Hatteras, North Carolina. Prior to her
sinking, she successfully laid mines at the Chesapeake Bay
approaches, leading to the damage or complete destruction of the Robert
C. Tuttle, Esso Augusta, Kingston Ceylonite, and the Santore.
Nine days after sinking the tanker William Rockefeller,
the 701 was running on the surface off North Carolina.
Unfortunately, the lookouts did not see the USAAF aircraft on
anti-submarine patrol approaching until it was too late. The
aircraft, piloted by Lt. Harry Kane, was able to drop depth
charges before the 701 could make its escape. The sub sank
to the bottom of the Atlantic, but some of its crew were able to
escape, including Degen.
The 701 rests in the vicinity of the Diamond Shoals, an
area characterisitc of strong currents and high sand bottom
contours. Due to the large sand "waves" found on the
bottom, locating the wreck is close to impossible without the
aide of a magnetometer.