Two-and-a-half years after the Costa Concordia ran aground offthe coast of Giglio, Italy, the ship is floating again. Aftergetting the go-ahead, salvage crews worked to refloat the ship thismorning so it can be moved to the port of Genoa to be dismantled.By midday Monday, the ship was floating, reports CNN.

|

The ship will now be towed to Genoa. It is expected to take fivedays to get the ship there — that is, if the bottom of the rottingship doesn't give way. Once in Genoa, the ship will be covered with a tent and crews will work to dismantle andrecycle the ship for an estimated 18 months.

|

Costa Crociere's Michael Tamm said the operation has alreadycost $1 billion, and will top $2 billion or more by the time it'sdone, says CNN. That's more than three times the $612 million thanit cost to build in 2004.

|

Ten months ago, salvage teams managed to roll the 114,000-toncruise ship off the rocks it capsized onto after hitting a reef inJanuary 2012. The “righting” was one of the most complex shipwreckrecovery efforts ever undertaken because of the ship's massisvesize. The effort allowed crews to enter the ship and recoverpassengers' belongings and recover the remains of a missingpassenger. One last passenger still remains missing.

|

Since the wreck, 24 metric tons of debris have been recoveredfrom the seabed, says CNN. Meanwhile, Francesco Schettino, theship's captain, is on trail on charges of manslaughter, causing amaritime disaster, and abandoning ship with passengers still onboard. Thirty-two passengers were killed in the wreck.

|

Read more about the Costa Concordia salvage efforts fromCNN HEREand HERE.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.