The Dutch vessel Buitenzorg sank at 16.12 hrs on 14 January 1941, minutes after striking rocks off Grey Isle. She was en route from Calcutta to Dundee via Oban, where she joined a convoy heading north-about around Scotland for the North Sea. Part of the cargo consisted of bales of latex.
An attempt to recover them with grabs and underwater video cameras was made by Kilburns salvage around 1986. Many of the bales were washed ashore on the Mull and Morvern coasts, and one of the latex bales lay ashore at North Ledaig caravan site, Ardmucknish Bay in 1989.
The Buitenzorg was built in Flushing in 1918, and registered in Rotterdam. She had a cruiser stern and three decks.
An eyewitness to the sinking told me that she sank by the stern.
The wreck is fairly well broken up by explosives used during the salvage attempts.
Her position has been described as 155° 9.2 cables from Ardtornish light, and also given as 563018N, 054424W.

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From Alchemy Diving website:
Nearing the end of her voyage from Calcutta to Dundee, The Dutch steel steamship Buitenzorg sank in the Sound of Mull on 14th January 1941 after running aground on Eilean Rubha an Ridire. She now lies on the seabed with her bows in 103 metres and the stern at 90 metres. She was carrying a general cargo of tea and bales of latex. There are unconfirmed reports of 300 tons of tin on board. Recent sophisticated salvage attempts have not proved this. The wreck is heavily silted and expolsives were used during the salvage attempts. The least recorded depth is 72 metres.