The death toll in the South Korean ferry disaster has risen to 58, and 244 are still missing, the country’s coast guard says.
The accident happened about 15 miles from land around 9 in the morning. By 1PM the ship was submerged. I suspect that there was a problem with the steering gear. A cruise liner had a malfunction with the steering gear a few years ago up around Vancouver B.C. The ship didn't capsize, but it got thrown into a sharp turn that knocked all the glassware off the shelves.
Update April 2015: Our adventure on the same cruise liner from the Vancouver incident.