Polaris Shipping is committing all effort and resources to accelerate salvage operations at the site in close coordination with relevant authorities.

A slight oil sheen noticed at the site is believed to be residue of “dead oil” which was on the deck; not leakage from fuel tanks. Nonetheless, in close cooperation with Vale, the company is mobilizing all available assets in Brazil to eradicate any potential risk from the oil spillage. An anti-pollution team is already on site, closely monitoring the situation.

The company will release additional statements as we receive new information and our objective continues to be to find the best solutions to this unfortunate incident with transparency at each step.

*Statement released by Polaris Shipping on February 28th