Huge cargo ship with 22 crew member aboard disappears in South Atlantic, 2 Apr 2017

The Stellar Daisy was sailing from Brazil to China when it sent out a distress signal on Friday

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Two people were found in a life raft and rescued but other lifeboats and rafts found in the area were empty.

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Built in 1993, the ship was carrying eight Koreans and 16 Filipino sailors when crew members texted their employer the vessel was sinking.

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A ministry official said they "cannot rule out the possibility that the ship may have sunk."

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One theory being floated, published in the Shipwreck Log today, is that the ore shifted, causing the vessel to lose balance and capsize.

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An oil slick detected 2300 miles off the coast indicated that the 1056-foot vessel had probably sunk, according to a statement issued by the Uruguayan Navy.

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