Stellar Daisy

Very large ore carrier Stellar Daisy sank with the presumed loss of 22 lives on 31 March 2017. The Polaris Shipping-owned vessel was travelling from Brazil to China when the incident happened. Although the cause of the casualty has not yet been established, one of the two surving crew members said the ship had split in two after listing and taking on water. Other causes suggested for the loss include liquefaction of Stellar Daisy's iron ore cargo. Its South Korean owner hasinspected its surving fleet, and admitted in early May that cracks were found on another of its ore carriers.

News & Analysis

Stellar Daisy
05 Sep 2018
Bereaved families of the missing Stellar Daisy, which sank in March 2017, want to be consulted on the appointment of a salvage company for the underwater wreck search.
Korean won
29 Aug 2018
South Korea’s Polaris Shipping and SK Shipping have executed bond issues to raise working capital.
Stellar Daisy
02 Apr 2018
Polaris Shipping sinks into loss in 2017 owing to high fleet inspection costs following the sinking of Stellar Daisy on 31 March last year.
Stellar Daisy
30 Jun 2017
Busan Coast Guard raided Korean Register premises on Thursday 29 June in relation to the sinking of ore carrier Stellar Daisy.
The South Korean ore-carrying vessel, Stellar Daisy
26 Jun 2017
Mourning Stellar Daisy families want all Korean owners of converted ore carriers to inspect their vessels.
Stellar Daisy
12 Jun 2017
South Korean ore carrier and the world’s largest VLOC owner Polaris Shipping has delayed its IPO again in the wake of the Stellar Daisy sinking on 31 March.


Shipping must avoid falling into the trap of thinking Daisy or any of the casualties listed by Intercargo in its 2016 report into bulker accidents and incidents is just another number in a table.