Costa Concordia What will happen to it now?
Discussion
Firstly i know there is a thread running already but it seems to be focusing on the events, route captain etc.
My curiousity is not intended to be disrespectful to those still unaccounted for but what will happen to it once the search has been stopped and all fluids drained off that pose a threat to the environment?
Will it be towed scrapped, sunk in deep water, could it even ever be repaired and refitted?
I dont know anything about boats but what you do with a massive boat like that stuck on the rocks has me curious.
My curiousity is not intended to be disrespectful to those still unaccounted for but what will happen to it once the search has been stopped and all fluids drained off that pose a threat to the environment?
Will it be towed scrapped, sunk in deep water, could it even ever be repaired and refitted?
I dont know anything about boats but what you do with a massive boat like that stuck on the rocks has me curious.
I guess the Dutch salvage team will asses the structure, and then either
a) weld some new plates over the rip then they will start pumping the water out and putting in flotation devices before righting the ship using a couple of cranes.
b) decide it wont float again and get the cutting and lifting gear out.
Either way its going to cost Lloyds a shed load of money as they will cover the majority of the cost (£30 million excess I believe).
a) weld some new plates over the rip then they will start pumping the water out and putting in flotation devices before righting the ship using a couple of cranes.
b) decide it wont float again and get the cutting and lifting gear out.
Either way its going to cost Lloyds a shed load of money as they will cover the majority of the cost (£30 million excess I believe).
From what I've read its highly likely she is a total loss.
The cost to patch the hull on both sides since her hull is probably crushed from sitting unevenly on her side. Then her engines, generators, electrics would all have to be replaced or rebuild. Then the interior would have to be replaced.
The cost to patch the hull on both sides since her hull is probably crushed from sitting unevenly on her side. Then her engines, generators, electrics would all have to be replaced or rebuild. Then the interior would have to be replaced.
k all left of the shipI've read that it's likely to be a total loss, but I expect it depends on the wording of the policy in force on it. In pure financial terms I'm sure it's viable to repair, but the operator will probably want it scrapped as passengers won't want to travel on it. It's only 6 years old so only 1/4 through its working life and unlikely to be beyond economic repair - it's not like a car built on a production line and repaired by hand so repair costs aren't that far from build costs.
The excess is $30m and the operator expects to lose up to $95m in earnings as a result of the accident but they have also hinted they think it could be back up and running next season so maybe the loss of capacity is more financially damaging than the reputation of the vessel might be.
The excess is $30m and the operator expects to lose up to $95m in earnings as a result of the accident but they have also hinted they think it could be back up and running next season so maybe the loss of capacity is more financially damaging than the reputation of the vessel might be.
I suspect the company may be pleased its gone. They'll be able to transfer passengers booked on it on to other ships and will not have to sell the trips at discounted rates to fill them!
Insurance will cover a lot of the costs of its loss.
Surely the transits are on the way to strip it off cable! And you'll soon find the whole thing at some scrpyard in south london!
Insurance will cover a lot of the costs of its loss.
Surely the transits are on the way to strip it off cable! And you'll soon find the whole thing at some scrpyard in south london!
What would be the scrap value?
I would imagine despite the damage internally there is a fair amount that can be reused. All the radar and computer equipment on the bridge (or rather the 50% not under water) can be salvaged.
As mentioned above, I reckon its the after effects of sailing on a ship that has so much damage and media coverage that will be a big problem.
I would imagine despite the damage internally there is a fair amount that can be reused. All the radar and computer equipment on the bridge (or rather the 50% not under water) can be salvaged.
As mentioned above, I reckon its the after effects of sailing on a ship that has so much damage and media coverage that will be a big problem.
Dave_ITR said:
I'm sure it would be re-named should it ever be back in service.
If it counts as having sunk then it certainly will be- it's immensely bad luck to put a salvaged ship back into service without renaming it. Of course, it probably will be renamed anyway- cruise ships are renamed at the drop of a hat...Gassing Station | Boats, Planes & Trains | Top of Page | What's New | My Stuff