From 1931 to 1939, the Olympus was part of the 4th Flotilla on the China Station, a historical formation of the British Royal Navy. Before being deployed to the Mediterranean Sea, the boat was part of the 8th Flotilla, Colombo, Ceylon (now known as Sri Lanka), in 1939 and 1940.
An Italian aircraft hit and damaged the submarine on July 7, 1940.
On her way to Gibraltar, submarine hit a mine on May 8, 1942. 89 crew and passengers were lost with the ship; the survivors had to swim 7 miles back to Maltese shores.
A team of divers from Malta and Great Britain originally claimed the discovery of the wreck in 2008 at approximately 35°55'N, 14°35'E, 377 feet below the ocean surface. However, the identity of the submarine was not confirmed until a team from the Key Largo based Aurora Trust was able to re-locate and capture images of the wreck using an ROV in 2011.
|07-07-1940:||HMS Olympus bombed & damaged by Italian aircraft while in dock at Malta|
|28-07-1941:||HMS Olympus torpedoes and sinks the Italian merchant Monteponi about 10 nautical miles north of Cape Comino, Sardinia, Italy.|
|29-07-1941:||HMS Olympus is damaged by a near miss from an Italian aircraft east of Isola dei Cavoli, Italy.|
|09-11-1941:||HMS Olympus attacks the Italian merchant Mauro Croce with torpedoes and gunfire in the Gulf of Genoa. The target escaped without damage.|
|08-05-1942:||Olympus was mined six miles from St Elmos Light. There were twelve survivors.|
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||16ft 11 7/8in|
||1781 tons (surface) / 2038 tons (submerged)|
||Surface 17 to 17.5 knots (design) 17.5 knots (service) / Submerged 9 knots (design) 8 knots (service)|
|No. of shafts
||3 blades, 6ft 5in dia|
||6 21-inch bow tubes, 2 21-inch stern tubes (14 torpedoes carried). 1 4-inch gun|
||Surface: 14000 miles at 8 knots (design) 11400 miles at 8 knots (service) / Submerged: 60 miles at 4 knots (design) 8 miles at 8 knots, 52 miles at 4 knots (service)|
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