This ship is likely to be Dawn Runner.
Dawn Runner is the ship of Balandar Brightstar. Ithania was the first mate of the vessel. The rest of the crew is unknown (and dead).
According to Brightstar, his loaded ship ran aground somewhere in Dustwallow Marsh, and was subsequently looted by Theramore Marines. A ship does exist that fits all the criteria for this description, being 1) an elven ship, 2) wrecked on the shore rather than sunk below water, 3) having lots of cargo scattered about, and 4) being close enough to Theramore for the population there to notice the ship. This is the destroyer located in Tidefury Cove,[61, 66] southwest of Theramore. The one issue with this theory is that the emblem on the sail reveals the ship to be of High elf origin.
