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Polaris VLOC stranded off northeast Brazil

Polaris Shipping says the 2016-built Stellar Banner hit an unidentified shallow sea bed after departing from Ponta da Madeira, a Vale terminal, on February 24. No casualty and pollution was reported

Polaris Shipping says the latest incident should not be linked with an earlier sinking of another very large ore carrier owned by the company, which killed 22 seafarers in 2017

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