Click here to watch The Sydney Morning Herald's live stream of salvage workers attempting to lift the Costa Concordia cruise ship off its side today. The ship has been sitting in the waters off the Italian island of Giglio since it hit rocks on the coast in January 2012, claiming 32 lives.
A multinational team of 500 has occupied the island for most of the past year, stabilising the hulk and preparing for the start of the lifting work. The crew is attaching a series of cables and hydraulic machines that will pull the hulk from above and below and slowly twisting it upright. Engineers say they are confident the 12-hour parbuckling project will work but there is no 100 percent guarantee that nothing will go wrong. The 951-foot-long Costa Concordia is estimated to weigh 54,000 tons.
For the latest on the Costa Concordia salvage progress, see: Engineers Start Costa Concordia Salvage off Italian Island
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 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.
