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The cost of salvaging a Japanese high school fisheries training vessel that was accidentally struck and sunk off Honolulu by a U.S. nuclear-powered submarine has ballooned to an estimated $60 million or about 7 billion yen due to difficulties encountered by the salvaging team, U.S. Navy officials said Saturday.

The cost already exceeds the originally estimated $40 million and will likely increase with the raising of the 499-ton Ehime Maru from its 600-meter-deep resting place, which has been delayed until mid-October, the officials said.

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