The Korean government has approved funding to launch a mission to retrieve the voyage data recorder (VDR) of the sunken Stellar Daisy.
The converted very large ore carrier sank in the south Atlantic in March last year with the loss of 22 lives. The 1993-built ship belonged to Polaris Shipping from South Korea.
The ship’s registry, the Marshall Islands, has yet to publish its accident investigation report.
Just two men survived the sinking. They related how they heard a big explosion and the ship then listed rapidly before sinking in a very short space of time.
A salvage company will be appointed shortly and the mission to the floor of the Atlantic off Uruguay could start as early as next month.