PortandTerminal.com, June 12, 2020
SAO LUIS, BRAZIL – Deemed unsafe to salvage and uneconomical to repair, Polaris Shipping’s STELLAR BANNER was scuttled 90 miles off the Brazilian coast in deep water today. The vessel was only 4 years old.
Last February the very large ore carrier (VLOC) Stellar Banner suffered damage after departing a Vale loading terminal in Maranhão, Brazil. The vessel was intentionally grounded offshore by her captain and all 20 crew members were evacuated safely.
The vessel was fully laden carrying 306 thousand tons of iron ore and was headed for Qingdao, China.
After salvors managed to remove 145,000 tonnes of iron ore, the vessel was refloated last week off of the sandbank it sat on. After analysis, the vessel’s structure was deemed a total loss and the decision was taken to scuttle her.
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