The ship left the port city of Azov loaded with grain and capsized early Wednesday near the Kerch Strait. Currently, it is confirmed information about the discovery of two bodies of dead seamen. The fate of the other crew was unclear.
Some 140 rescuers are involved in the effort to save the sailors.
"On April 19, 2017, the Heroes of Arsenal ship sank in the area of the Kerch Strait in the waters of the Black Sea", said the press service of the Krasnodar region's department of the Russian Emergencies Ministry.
The vessel was carrying up to 30 tons of oil products in its hold, raising concerns of environmental damage, Tass reported.
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Officials said bad weather is making the rescue mission more hard; there is a magnitude four storm on the Black Sea. MRCC Novorossiysk received the distress signal from the captain of the dry-cargo ship at about 03:54 Moscow time.
The ship belonged to Turkish company Gunes Shipping & Trading Company Limited.
Three crew members have been rescued, according to a spokesman for the Investigative Committee's southern department for transport.
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