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The 266,100-dwt Stellar Daisy (built 1993) sank on 31 March 2017 while transporting iron ore from Brazil to China, with the loss of 22 of its 24 crew Photo: Yeong Ryong Kim/MarineTraffic

Polaris boss sentenced over VLOC Stellar Daisy's defects

But Kim Wan-Jung will avoid jail if he does not re-offend over the next year

24 February 2020 10:51 GMT Updated 26 February 2020 9:39 GMT

By Irene Ang

and Gary Dixon

in Singapore and London

Polaris Shipping’s chief executive Kim Wan-Jung has been sentenced over the fatal sinking of the VLOC Stellar Daisy in 2017.

The converted 266,000-dwt ship (built 1993) went down off Uruguay, killing 22 of the 24 crew.

Busan District Court found him guilty of not reporting vessel defects, but not guilty of failing in his obligation to maintain the "balance" of the ship.