The team hunting for the sunken VLOC Stellar Daisy says the wreck has been found in the South Atlantic.
The vessel is said to be at a depth of 3,461 metres and located about 1,800 nautical miles due west of Cape Town.
It was located by Houston-based Ocean Infinity working under a South Korean government contract to find the wreck, with a reported budget of KRW 4.8bn
