Polaris Very Large Ore Carrier Adrift Off Brazil After Fire

One of the world's largest bulk carriers and a sister vessel to the ill-fated Stellar Daisy is adrift off the coast of Brazil after a fire knocked out power to the vessel more than four days ago. The 1994-built Very Large Ore Carrier (VLOC) Stellar Samba has been disabled since May 26 after a fire in its engine room. Crew members were able to extinguish the fire and no … [Read more...]

MV STELLAR DAISY Loss Casts Shadow Over Fleet of Vale Iron-Ore Carriers

By R.T. Watson (Bloomberg) -- A second vessel contracted to haul iron ore for Brazilian miner Vale SA was delayed for repairs following the loss of a similar ship that mysteriously sank en route to China leaving 22 people presumed dead. The Stellar Queen departed Vale’s port terminal in northeastern Brazil on May 7 carrying almost 300,000 metric tons of ore, according to the … [Read more...]

Vale: 266,000 Tonnes of Iron Ore Insured Aboard Sunken VLOC

SAO PAULO, April 3 (Reuters) - Brazilian miner Vale SA said on Monday that 260,000 tonnes of fine iron ore on a South Korean ship that sank in the South Atlantic had been insured. Vale said in an email that the cargo, which belonged to the Brazilian miner, was bound for China for storage and blending when the ship operated by South Korea's Polaris Shipping, Stellar Daisy, … [Read more...]

Uruguay Losing Hope For 22 Missing From Sunken Ore Carrier

by Matías Larramendi (Reuters) Uruguay's navy said on Sunday it was losing hope of finding alive any of 22 crew members missing two days after a South Korean ore carrier sank in the South Atlantic but was still continuing the search, a Navy spokesman said. Two Filipino crew members have been rescued floating in a life raft on Saturday, but other lifeboats and rafts found in … [Read more...]

Very Large Ore Carrier ‘Stellar Daisy’ Sinks in South Atlantic

Update (April 2): A KC-130 aircraft with the Brazilian Air Force has joined the search for survivors from the MV Stellar Daisy, which is believed to have sunk in the Atlantic Ocean about 2,500 kilometers off Uruguay.  Twenty-two crew members remain missing. Merchant ships were first to reach the area on Saturday. "A ship observed an oil sheen and debris, in … [Read more...]