"Most recently he directed the removal of the Costa Concordia, the Italian cruise ship that ran aground and capsized in 2012 off the Tuscan island of Giglio, with the loss of 32 lives. For more than two years he stayed on the island, managing a team of as many as 530 people to roll the enormous ship upright and attach external flotation tanks in order to refloat it and tow it away to be scrapped. It was the most expensive such effort in history, with a budget of more than $1 billion, and it paid Sloane well. Nonetheless, in the end it was just a wreck removal, performed on the basis of a tedious cost-plus contract and requiring soul-deadening feats of bureaucratic wrangling. Last I checked, Sloane had 84,000 e-mails in his Concordia in-box, of which only 2,500 remained unread. The routine was hard on him. Speculative salvage is what he prefers. He is an adventurer at heart."
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