how much does it cost to raise the costa concordia
$2 billion
title: Costa Concordia text: be completed by early-to-mid-2014. After this "floating" operation, the ship would be towed to a salvage yard on the Italian mainland for scrapping or "breaking". On 14 July 2014, work commenced to refloat "Costa Concordia" in preparation for towing. At this point, the costs had risen to €1 billion. Including tow cost, €100 million for the ship to be broken up for scrap and the cost of repairing damage to Giglio island, the estimated final cost was expected to be €1.5 billion ($2 billion). On 23 July, having been refloated, the ship commenced its final journey under tow at a title: Costa Concordia disaster text: insurance company, and her salvage was "one of the biggest maritime salvage operations". On 16 September 2013, the parbuckle salvage of the ship began, and by the early hours of 17 September 2013, the ship was set upright on its underwater cradle. In July 2014, the ship was refloated by large sponsons (metal tanks) welded to its sides and was towed 320 kilometres (200 miles) to its home port of Genoa for scrapping which was finished in July 2017. The total cost of the disaster, including victims' compensation, refloating, towing and scrapping costs, is estimated at approximately $2 billion, more title: Costa Cruises text: the wreck of the Costa Concordia 200 miles (320 kilometers) north from the island of Giglio over a period of five days, the "Costa Concordia" arrived in its home port of Genoa, Italy, for eventual scrapping. The total cost of the disaster is estimated to be over $2 billion, including $500 million for the loss of the ship and $1.5 billion for the salvage and recovery operations. On February 11, 2015, Captain Francesco Schettino was found guilty by an Italian court of multiple manslaughter, causing the shipwreck, and abandoning his passengers and was sentenced to 16 years in prison. An title: Costa Concordia text: her breaking up or sinking deeper. Removal of the fuel from the various fuel tanks distributed throughout the ship was completed in March 2012, later than Smit's initial estimates. This cleared the way to arrange for the ultimate salvaging and scrapping of the ship. On 17 September 2013, "Costa Concordia" was brought to a vertical position through a parbuckling procedure. The cost for salvaging the ship increased to $799 million. In addition, the ship had suffered severe hull deformations in two places. Titan Salvage, the company directing the salvage operations, estimated that the next phase of the salvage operation would title: Costa Concordia text: Costa Concordia Costa Concordia () was a built in 2004 by the Fincantieris Sestri Ponente yards in Italy and operated from 2005 until 2012 by Costa Crociere (a subsidiary of Carnival Corporation). It was wrecked off the coast of Isola del Giglio in Italy on 13 January 2012 due to a collision with a submerged rock; the ship capsized hours later and was subsequently declared a total loss. The ship's captain Francesco Schettino was found guilty of manslaughter; causing a maritime accident and abandoning ship. The wreck was salvaged and then towed to the port of Genoa where scrapping operations