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Italy-based shipper Grimaldi Group SpA said that its cargo ship, Grande America, sank on March 12 after a fire started in a container stowed on the vessel's deck, Freight Waves reported. The ship was carrying a cargo of 363 containers and a load of cars, trucks and vans. The vessel sank in the Bay of Biscay off the west coast of France while en route from Hamburg to Casablanca.