The salvage consortium that Carnival Corp and Costa Crociere chose to remove the wreckage of Costa Concordia, laid out its plans today in Rome for the Italian government.
The American-owned Titan Salvage, which is recognized as a world leader in wreck removal, and Micoperi, an Italian marine contractor that specializes in underwater construction and engineering, comprise the consortium chosen by Carnival to engineer the removal operation and carry it out.
As earlier reported, the ship will be refloated and removed in one piece to minimize the environmental impact. The scope of this salvage operation is unprecedented, and they are facing complexities never seen before.
The video below, provided by Titan-Micoperi, will explain the process. Details were delivered to Cruise News Daily subscribers in the May 18 (2012) edition.
Work is expected to begin in the next few days as soon as the necessary permits are processed, and it is expected to be completed within 12 month. Once refloated, the ship will be towed to an Italian port, still to be determined, "and dealt with in accordance with the requirements of Italian authorities.”
The estimated cost to Carnival Corp is approximately $300 million.