Salvage Companies Jockey for Costa Job

Thursday, January 19, 2012

While the search for survivors and bodies continues, and tales of a alleged bad behavior by the ship’s captain make the global media rounds, the next saga of the Costa Concordia will turn to the key question of: how will the ship be salvaged, and when removed from its current locale, will it be scrapped or saved?

According to a report on Reuters it was less than 48 hours after the ship hit a rock that the island of Giglio was hosting not only rescue teams but also Dutch and American salvage experts assessing how to refloat the 114,000-ton vessel. Given the rapid response of maritime salvors globally, the response was more than likely much faster.
The decision on how to remove the ship, which lies half-submerged on its side less than 50 m (yards) offshore, will be made jointly by its owner Costa Cruises, a unit of Florida's Carnival Corp, insurers and marine salvage experts.
According to the Reuters report, a host of salvage companies, including Smit, Titan and Svitzer are all on scene. Smit Salvage was reportedly retained to pump the 2,300 tons of fuel from the ship.
Categories: Salvage

Related Stories

Caribe Tankers to Trial Inmarsat NexusWave Connectivity Service

Trump to Push Allies to Conform to Chinese Vessel Fee Plans

Aquajet to Launch New Hydrodemolition Robot Series

Current News

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Syria Signs New 30-Year Deal with CMA CGM

Subscribe for Maritime Logistics Professional E‑News