Ship was loaded en route southern Argentina to Sao Sebastiao Brazil.
Salvor Titan say hit "uncharted rock" at night.
This was a double bottom ship.
Titans says all but one of the double bottom tanks
and 1P, 1S and 2P were breached.
Flooding of double bottom made if very difficult to refloat the ship.
Eventually ended up lightering 52,000 tons of the 57,000 on board.
Titan says ship was scrapped.