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Online @ www.marinelink.com www.MarineLink.com is updated twice every business day, and is distributed free to subscribers. To view breaking news, visit www.marinelink.com. To subscribe to the daily news, delivered directly to your e-mail, visit http://maritimetoday.com/Alerts/MaritimeAlert.aspx.

Human Error Blamed for Listing Ship

Human error caused a New York-bound cruise ship to list suddenly as it left port in Florida, injuring 240 people,

Princess Cruises said in a statement. "We can confirm that the incident was due to human error and the appropriate personnel changes have been made," company president Alan Buskelew said in a letter sent on

July 25 to passengers.

The accident occurred July 18, shortly after the recently commissioned Crown Princess left Port Canaveral, in south- ern Florida with 3,400 aboard.

The ship listed sharply to port, sending furniture, objects and people flying into glass windows and walls as well as emptying the swimming pools onto the decks.

Vinashin to Build Three Tankers

The Vietnam Oil and Gas Corporation (PetroVietnam) awarded a contract to the Vietnam Shipbuilding Industry

Corporation (Vinashin), for the construction of three 105,000-ton oil tankers, to be built at the Dung Quat

Shipyard. The first tanker is scheduled be handed over by the end of 2008; and the second and third by 2009. The

Dung Quat Oil Refinery will start operations in 2009. (Source: http://www.thanhniennews.com)

Korean Shipbuilders Place in Top 10

Korean shipbuilders occupied seven out of the top 10 posi- tions in the world last month in terms of orders. Hyundai

Heavy Industries was the world's largest ship- yard in terms of order backlog as of late June with 11.74 million compensated gross tons (CGT), British shipbuilding market researcher Clarkson reported. Samsung Heavy Industries came second with an order backlog of 8.27 million CGTs, followed by Daewoo Shipbuilding & Marine Engineering (DSME) with 7.41 million CGTs and Hyundai Mipo

Dockyard Co., one of two Hyundai Heavy Industries sub- sidiaries, with 4.11 million CGTs.

Created after a merger of two shipyards in Dalian, China's

Dalian Shipbuilding Industry Corp. made a huge leap up the list to take fifth place with 2.84 million CGTs, beating

Korean rivals Hyundai Samho Heavy Industries Co., the other Hyundai Heavy subsidiary, STX Shipbuilding Co. and

Hanjin Heavy Industries. (Source: Chosun Ilbo)

POSCO to Raise Ship Steel Output

POSCO plans to increase production facilities by 2009 to raise its annual production of steel for shipbuilding by 1.1 million tons to address a shortage. POSCO's annual produc- tion capacity of ship steel is projected to rise to 4.7 million tons in the next three years, compared with the current 3.6 million tons, the company said.

The steel maker will invest $95.14m to increase and

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