From the transcript looks like the sequence may have been this:
- Cargo breaks loose in #3 hold rupturing the fire main causing flooding in #3 hold.
- Crew discovers flooding and an open scuttle. The scuttle is believed to be the source of the flooding The scuttle is closed
- Crew takes measures to reduce the list, maneuvering to put wind on opposite side, pumping holds, counter-ballasting
- Flooding continues until list reaches 15 degrees or more, the limit of the lube oil system and loss of lube oil pressure cause the propulsion to shut down.
- Engine crew temporally restores propulsion
- Final loss of propulsion
- Flooding continues.