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Pride of America sinks

                  14/1/2004


                  NCL’s newbuilding Pride of America, sank in the early hours of

                  this morning at Lloyd Werft shipyard in Bremerhaven. The ship

                  due to be delivered in April started to take on water during a

                  heavy storm and shifted towards a pier. All workers onboard at

                  the time evacuated the ship and Seatrade Insider understands

                  two persons were slightly injured. The vessel is currently

                  grounded alongside the pier and listing at 20 degrees. The

                  lower three decks are under water and engine spaces are

                  flooded. (More details to follow).


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