04/12/2022, stranded, adjacent to the Museo Nao Victoria, Punta Arenas, Chile.

In 2016 (or earlier) this fishing vessel had previously been sold to other Chilean interests and was moored, inactive, possibly laid up/abandoned, when it was stranded by severe weather on 16/07/2016, and remains in this position.
I found no salvage plans online.

Completed in 1970 by Mie Zosen, Yokkaichi, Japan (10)
283 g.t. & zero dwt., as:
'Sachi Maru No.21' to an unknown date,
'Kinei Maru No.26' to 1979,
'Fukuei Maru No.1' to 1982,
Hide Maru No.1' to 1985,
'Koyu Maru No.7' to 1989,
'Koyu' to 1994, and
'Magallanes III' since.

Photo with the kind permission of Ovanes Agaryan.