The Atlantic Conveyor was a British container ship transporting military and humanitarian supplies to the Falkland Islands during the 1982 conflict between Great Britain and Argentina. The ship carried Wessex and Chinook helicopters, as well as Fleet Air Arm Harrier jets. On May 25, 1982 the ship was hit by several Argentine Exocet missiles. The initial attack resulted in the loss of 12 lives, including the ship’s master. The ship eventually sank on May 28, 1982, ninety miles offshore from East Falkland Island. All the ship’s deceased were lost at sea or remain within the sunken hulk of the Atlantic Conveyor.

The memorial is located on East Falkland Island. The propeller shaft points directly to the spot of the sunken remains of the ship – 90 miles offshore. The names of the 12 crewman lost at sea are engraved on the propeller hub.