Aagot was built in Glasgow, Scotland, in 1882, and was originally named Firth of Clyde. On 11 October 1907 Aargot departed Semaphore for Port Victoria to load wheat. After rounding Corny Point on Yorke Peninsula, Aaagot set a course that that the master expected would take it well clear of Wardang Island in Spencer Gulf. However on 12 October the vessel struck rocks at the western side of the island. No lives were lost during the incident and all 17 crew and passengers got ashore safely.

The remains of Aagot are scattered amongst the rocks, both underwater, to a depth of about 4m, and ashore on Wardang Island. The site is 10-50 per cent covered with weeds. The site is affected by surf/surge, current wind and sand.