The term EXAMINER OF SUNKEN SHIPS, PERHAPS can be solved by the five letter word DIVER. A DIVER is a person who swims underwater for recreational or occupational purposes. In this case, the DIVER is likely to be an occupational DIVER, meaning they are employed to examine sunken ships. This could include inspecting the ship for damage, salvaging items from the ship, or even investigating the cause of the sinking.