The Costa Concordia sits on its side prior to the start of “parbuckling” operation in September 2014. The U.S. company Titan Salvage, now part of Ardent, was part of the consortium that refloated and removed the Costa Concordia, considered the largest maritime salvage in history. REUTERS/Tony Gentile
The consortium responsible for the Costa Concordia’s dismantling announced the completion of the project this month in Genoa, Italy, about three years after the ship’s arrival. The consortium, known as the Ship Recycling Consortium, is made up by the Italian company Saipem, holding 51%, and San Giorgio del Porto, which held 49%.
The Costa Concordia moored at the “Seawall” pier in Genoa, Italy in July 2014. Photo: Ship Recycling Consortium
The Costa Concordia ran aground on the Mediterranean island of Giglio on January 13, 2012 after sailing too close shore. The vessel came to rest on its side along the rock outcropping just outside the tiny island’s main harbor, prompting a massive salvage operation that lasted more than two years and involved the famous “parbuckling” operation – an event that was televised live across the globe. The cruise ship was later refloated and towed to Genoa in July 2014 for dismantling and recycling.
The Ship Recycling Consortium says that during the dismantling and recycling project, approximately 53,000 tons of materials were recycled at facilities in Italy. More than 350 workers worked nearly around the clock to dismantled the ship in a safe and environmentally-friendly manner, working a combined one million man hours.
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November 30, 2025
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