It appears that this location has a lot of potential. I'm not sure you found the best composition there, though. I, for example, would be tempted to walk into the water, closer to the rocks on the left, and shoot from a low angle to emphasize the shape and form of the wreck as well as those nice, juicy colors and texture on it. I keep a pair of wellington boots in the trunk of my car just for opportunities like this. Exposure needs reworking too; I don't like blown-out highlights, especially in this type of photographs. In addition, the bottom part, even though there's still some barely visible detail, is too dark, in my opinion.