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Costa Concordia Wreck Removal Awarded to TITAN Salvage / Micoperi

04/24/2012 08:59 am

Wreck to be removed in one piece, refloated and towed away

HOLLYWOOD, FLA. (April 21, 2012) - Costa Crociere and the Costa Concordia Emergency Commissioner’s Office announced that the tender for the removal of the ship from Giglio Island has been awarded to Titan Salvage in partnership with the Italian firm Micoperi. The work will begin in early May subject to final approval from the Italian authorities and is expected to take about 12 months.

Titan Salvage is an American-owned specialist marine salvage and wreck removal company, part of the Crowley Group, and is a world leader in its field. Micoperi is a well-known Italian marine contractor with a long history as a specialist in underwater construction and engineering.

“We are very pleased to announce another important step toward salvaging the wreck from Giglio Island,” said Costa Crociere S.p.A. Chairman & CEO Pier Luigi Foschi. “As was the case with the removal of the fuel, we have sought to identify the best solution to safeguard the island and its marine environment and to protect its tourism. We would like also to thank Smit Salvage and Tito Neri for succeeding in defueling and caretaking operations.”

Throughout the salvage operation, environmental protection will have top priority. Once the main work is complete, the sea bottom will be cleaned and marine flora replanted. The plan also includes measures to safeguard the island of Giglio’s tourism and wider economy. Salvage workers’ presence will not have any significant impact on the availability of hotel accommodation on the island during the summer season. The main operating base will be located on the mainland at nearby Civitavecchia, where equipment and materials will be stored, thereby avoiding any impact on Giglio’s port activities.

Once floated, the wreck will be towed to an Italian port and dealt with in accordance with the requirements of the Italian authorities. The plan was selected by an evaluation team with specialist representatives from Costa Crociere, Carnival Corporation & plc, London Offshore Consultants, and the Standard P&I Club. All six tenders submitted by the March 3 deadline were of a very high standard, but the evaluation team decided that the Titan

Salvage/Micoperi proposal best fulfilled the main objectives set out in the tender specifications: removal of the wreck in one piece, minimal risk, minimal environmental impact, protection of Giglio’s economy and tourism industry, and maximum safety of the work.

The removal will be the final step of the salvage. Fuel removal was completed successfully 24 March. “Caretaking" operations, which include cleaning up the seabed and removing debris caused by the incident, will continue until Titan Salvage and Micoperi commence operations.

Costa Cruises is one of Europe’s cruise companies (www.costacruise.com). For more than 60 years its ships have plied the seas of the world, offering Italian style, hospitality and cuisine, and providing dream holidays with the utmost in terms of fun and relaxation. Its fleet has a total of 14 ships in service and 2 new ships on order to be delivered at the beginning of May 2012 and in October 2014. Costa Cruises has been certified by RINA (Italian Shipping Register) with the BEST4, an integrated system of voluntary certification of corporate compliance with the highest standards governing social accountability (SA 8000, issued in 2008, thanks to the first voluntary pilot program in the maritime industry), environment (UNI EN ISO 14001, 2004), safety (OHSAS 18001, 2007) and quality (UNI EN ISO 9001, 2008) (www.costacruise.com/Best4). All the ships in the Costa fleet have been assigned RINA’s Green Star notation certifying that they are operated in compliance with the highest environmental protection standards. With revenues of 3.1 billion euros and 2.3 million total Guests in 2011, Costa Crociere S.p.A. is the largest Italian travel group and comprises the brands Costa Cruises, AIDA Cruises and Iberocruceros. Costa Crociere S.p.A. is a member of Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world’s largest cruise operator.

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Buck Banks
North American Media Contact for Costa Crociere
NewmanPR
Office: +1 305.461.3300
Mobile: +1 305.790.3735


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