In July 2001, the wreck of the Hood was found 9,334 feet below the surface of the Denmark Straight. She lies in three sections with the bow on its side, the mid section upside down, and the stern speared into the seabed. In 2013, the wreck was more fully explored with a remote-control vehicle. The exploration appears to confirm a massive explosion had taken place in the magazine feeding Y Turret and breaking the back of the ship. However, it remains a mystery, given the low trajectory of any shell, how one could have passed through four decks and the magazine armor. It must have been a lucky shot, indeed.
The British Admiralty Board of Enquiry into the loss of the battlecruiser HMS Hood, presided over by Vice Admiral Sir Geoffrey Blake, concluded, “The sinking of Hood was due to a hit from Bismarck’s 15-inch shell in or adjacent to Hood’s 4-inch or 15-inch magazines, causing them to explode and wreck the after part of the ship.”
Director of Naval Construction Sir Stanley Goodall, however, found this conclusion unsatisfactory and in his report pointed out the explosion was observed near the mainmast 65 feet further forward from the aft magazines. A second board of enquiry was convened under Rear Admiral H.T.C Walker. Even given eyewitness accounts that described fires on deck, that board still found a hit by Bismarck being the likely cause, although finishing with, “The probability is that the 4-inch magazines exploded first.”