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.
