Another ore carrier belonging to under pressure Polaris Shipping from South Korea has a couple of cracks on its deck.
The Stellar Queen, a 1994-built VLCC that was converted into an ore carrier in 2012, has two cracks on its upper deck, a spokesperson for the Korean line told Splash today. The ship was en route from China to Brazil when the cracks were found. The ship is now docked in Sao Luis according to multiple vessel tracking services.
The owner confirmed that Stellar Queen has found cracks onboard, and currently the owner is working with its classification society to solve the issue, but no timeframe has been given for the vessel to resume operations, a spokesperson said today.
The news will likely prove a hammer blow to Polaris’s plans to list this summer. Polaris is the world’s largest owner of very large ore carriers. However, its reputation has been hit hard following the sinking with the likely loss of 22 lives of the Stellar Daisy, another elderly converted ore carrier, on March 30 followed by cracks being found in another vintage ore carrier and machinery errors on another ship.