Ann: Trading Halt, page-24

This seems to have run aground about 40km away from Tormin.
Its not a large vessel.

It may be that the developing story is that this vessel had been booked by MRC after it was to discharge its cargo in Tanzania.
If this is the case, then MRC will need to secure another vessel, at what will surely be a higher price as vessel owners will know they can now squeeze a few extra dollars out of MRC who are without a vessel and need one (if this is the case).

The South African Maritime Safety Authority (SAMSA) said on Wednesday that attempts are being made to salvage the vessel’s fertiliser cargo as well. The confirmation of the grounding off the coast of Brand se Baai on the West Coast, 385km north of Cape Town, occurred on Tuesday around 10 pm local time.

Preliminary indications are that the vessel has a full load of fertilizer in bags onboard as well as low-sulphur bunkering fuel and hydraulic and related oils.

Salvage operations are currently underway. On Monday, one tug was dispatched and arrived at the location on Tuesday. Another tug with more personnel and extra equipment departed from Cape Town on Tuesday evening to assist in the salvage efforts. Other measures are also being undertaken for the containment of any possible spills of the vessel’s cargo contents.

The vessel was located some 60 nautical miles west of Doring Bay when it sent its initial distress call at 3 am local time on Monday.