South Korean ship goes down off the coast of Brazil with 24 people on board

A South Korean ship carrying thousands of tonnes of iron ore has vanished only hours after setting out from a port in Brazil.

Two Filipino sailors were rescued last night from a life raft and are expected to give investigators details of how and why the Stellar Daisy foundered as it headed south.

The vessel, a Very Large Ore Carrier with a capacity of 260,000 tonnes, was taking a cargo of iron ore from the Ilha Guaiba terminal, near Rio de Janeiro, to China for use in the steel industry.

Its route would have taken it past Uruguay and Argentina, around Cape Horn and then across the Pacific.

Source: South Korean ship goes down off the coast of Brazil | Daily Mail Online