If the grounding is attributed to touching bottom in the heavy swell, it bears a remarkable resemblance to the grounding and successful salvage of the 'Jody F Millennium' in Gisborne, New Zealand.
'Smart's stern was 'cleansed' of bunkers, lubricants (and hopefully the crew's personal possessions) and was successfully towed into deep water were she was scuttled. Maritime blog gCaptain carries the story and photo sequence from the salvors, Subtech Group, for which the AM attribute the sequence below.
M/v 'Smart' was an elderly Capesize, built 1996 at Mitsui Shipbuilding in Japan. Salvors continue to work on the forward section (Holds 1-6).
The Antipodean Mariner