This is a dugout canoe, possibly bronze age, about 25ft in length, and apparently in remarkable condition judging by the sonar shadow, which gives a good indication of the vertical extent.
The wreck appears to have a longitudinal member, probably carved as an integral keelson, running the length of the vessel.
The distortion towards the bottom end of the image is due to the movement of the survey vessel rather than deformation of the wreck.