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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. NS Savannah to Get Makeover SUBSCRIBE Subscribe to the print or electronic edition of Maritime Reporter & Engineering News at www.marinelink.com/renewsubscr/Renew04/ subscribe.html, or e-mail Kathleen Hickey at firstname.lastname@example.org DAILY NEWS via E-MAIL Twice every business day we provide breaking news, tailored to your specification, delivered FREE directly to your e-mail. To subscribe visit http://maritimetoday.com/login.aspx POST & SEARCH JOBS Job listings are updated daily and help match employers with qualified employees. Post a position or keep abreast of new employment opportunities at http://www.maritimejobs.com ADVERTISE MR offers a number of print and electronic advertising packages. To see our editorial calendar and advertising rates, visit www.marinelink.com/AdvRates/Rates.asp SUBMIT EDITORIAL MR invites you to submit company news and events for publication on-line and in print. Visit http://www.marinelink.com/Story/PostStory.a spx MarAd will consider five cities for federal contracts for the decommissioning of the NS Savannah. Possible plans for the Savannah include making it into a museum. Savannah was originally launched July 21, 1959, during the Eisenhower Administration as the world's first nuclear-powered com(Photo Credit: MarAd) mercial vessel. China Demand to Reach 31m DWT According a new report dubbed China Shipbuilding Industry Report, 2005-2006 from Research and Markets, from 2006 to 2010 the total demand for ships in China will reach 31 million dwt, and the annual demand will be 6.2 million dwt on average. China's ship completions rank third over the past 10 consecutive years, and the shipbuilding capacity has increased from 3.462 million dwt in 2002 to 12 million dwt in 2005. (Source: Reed Business Information) Minnow also ran aground. The twin-diesel, 36-ft. mahogany Wheeler Express Cruiser hit a reef in Hecate Strait as the former owner was taking the vessel down the coast from Alaska. According to the Gilligan's One of the Hollywood Island Web site "prop" boats which por(gilligansisle.com), the boat is trayed TV's SS Minnow. (Photo credit: www.gilligansisle.com) the third of four vessels used in the show. MISC Looks for Takeover Targets MISC Bhd is reportedly on the lookout for takeover targets to help it grow amid softer shipping rates, according to a report on www.btimes.com.my. An analyst said that if MISC were to buy, it will be to support American Eagle Tankers to grow its petroleum business. Shipbuilders Struggle Over Steel Gilligan's Island S.S. Minnow for Sale If you're interested in a three-hour tour, George Schultz of Parksville has just the boat for you. For $89,400 you can buy the boat famous for setting aground on an uncharted desert isle to set the stage for the 1960s television classic "Gilligan's Island." The S.S. Minnow supposedly off for a three-hour tour when, as the theme song explained, "The weather started getting rough, the tiny ship was tossed. If not for the courage of the fearless crew, the Minnow would be lost." The real-life Shipbuilders and Japanese steelmakers are struggling to hammer out the differences on steel plate prices as the sellers insist on a 17 percent raise to $680 per metric ton. Korean shipbuilders including Hyundai Heavy Industries Co. are demanding a price cut from the current $580 to $480 per metric ton for the six months from October. "The talks (on price settlement) could go on until early October," said an official from the Korea Shipbuilders' Association. "Steel plate supply is falling short of the soaring demand for ships." 4 Maritime Reporter & Engineering News