Titan Salvage

Titan Salvage, based in Florida, will begin salvage operations on the luxury liner Costa Concordia next week.  The liner ran aground in January off the Tuscan coast.  This will be the largest ship removal by weight (estimated to weigh 94,000 tons, 6,000 of which are water and debris) in history.  The cost is estimated to be $300 million - - more than half the value of the ship, and will be covered by it's insurers.  Authorities wanted to have it removed in one hunk, versus cutting the ship into sections.  Titan is set to stabilize the ship by the end of August and then start building the underwater platform to help rotate the vessel.  During salvage operation, oil-response equipment and devices will be in place - - water quality will be monitored daily.

Titan also wins the Jim Collins Hedgehog Mission Statement of the week award with their - -

To be a global leader in the markets of salvage, wreck removal and maritime emergency response by providing world-class services that ensure long-term company durability while ensuring the safety of our people, the public, and the environment.