South Korean ore carrier of 28.000 tons Stellar Daisy went missing in South Atlantic shortly after issuing distress signal to the shipowner. The vessel with 24 crew, including 8 South Korean and 16 Filipino on board, was in waters near Uruguay after departing Brazil on March 26 en route to China, issued distress signal on Friday evening.
The last five days there were no AIS reports. Two survivors were picked up so we will probably know what happened. According to a message from the ship the ship was taking on water and seemed to have disappeared during the next 10 to 15 minutes indicating a sudden capsize, not uncommon for this type of ship if for instance the cargo has shifted.