Polaris Shipping, one of South Korea’s largest shipowners, is enduring turbulent times, its CEO sentenced, a proposed takeover on the rocks, and a significant fleet sell-off. The company’s CEO was sentenced yesterday to a three-year jail term for professional negligence in the sinking of the...
https://splash247.com/polaris-shipping-ceo-jailed-as-takeover-stalls-and-fleet-culled/