Panamanian-flagged bulk carrier New Mykonos, which ran aground on January 29, south of Faux Cap, southern Madagascar, broke into two and sank last week, according to AllAfrica.

The ship is reportedly lying in 25 metres of water, almost fully submerged.

The 1997-built bulker was carrying a full load of coal, totaling in 160,000 tons, when it got grounded while underway from Richards Bay, South Africa to Vizag, India.

As informed, a portion of the ship’s cargo has spilled into the sea.

Smit Salvage is reported to had been contracted for the salvage operation and pumping out of 2,500 tons of fuel, which was completed in March.

However, salvage of the wreck was reportedly deemed impossible, leaving the ill-fated bulker stranded for months on the sandy bottom.

Smit Salvage is yet to reply to World Maritime News on the matter.