Polaris Shipping insists it is not against a South Korean government decision to search for the wreck of the sunken VLOC Stellar Daisy despite claims from a group representing victims of the disaster.
It was hoped the search would uncover clues as to why the 266,000-dwt Stellar Daisy (built 1993) suffered catastrophic structural failure while fully laden with a cargo of iron ore heading from Brazil to China in March last year.
