ISLA CRISTINA, Spain (AP) _ Four centuries after the galleon Victoria became the first to circumnavigate the globe, its modern descendant set off on a less-ambitious journey - and capsized minutes later.

A dredger and two fishing boats managed to right the $1 million Victoria replica on Saturday, eight days after it turned turtle.

News reports said the Victoria, a copy of the first ship to circle the globe in 1522, was being drained and cleaned in the port of Isla Cristina east of Huelva.

The construction of the vessel was sponsored by the state-run Fifth Centenary Commission whose president, Luis Yanez, watched as the Victoria capsized in shallow water Nov. 22 shortly after being christened.

Experts said at the time the vessel capsized for lack of sufficient ballast and because it was tugged from the side rather than from the stern or the bow.

The replica is one of the vessels built to take part in next year's commemoration of the 500th anniversary of Columbus' first voyage to the New World.

The Victoria was part of a fleet of five captained by Ferdinand Magellan that set out from Spain in 1519 to circle the globe. Magellan was killed in the Philippines, and Juan Sebastian Elcano led the remainder of the expedition home three years later.

The replica is only scheduled to sail up the Guadalquivir River to Seville to dock at the Expo '92 universal exposition.