Costa Offers Compensation to Concordia Passengers

Costa Offers Compensation to Concordia Passengers
Wall Street Journal
Costa, a unit of the world’s biggest cruise operator, Miami-based Carnival Corp., also said it would reimburse passengers the full costs of their cruise, travel expenses and any medical expenses sustained after the grounding.

Wall Street Journal

Carnival Cruise billionaire CEO is MIA following Condordia shipwreck disaster

Sending condolences from Miami is not cutting it. The Independent: Angry consumer groups are demanding to know why Micky Arison, the billionaire head of Costa Cruise’s Miami-based parent company, Carnival Corporation, has failed to make an appearance. How can a CEO fail to show interest in one of the worst maritime disasters in years? Read More

New photos show lifeboat evacuation of Italian cruise ship Costa Concordia

Fox News
New photos show lifeboats spilling out of the Costa Concordia after the cruise ship ran aground off the coast of Italy. The photos show lifeboats, illuminated by lights from the Costa Concordia, sailing away from the partly submerged ship to the nearby Isola del Giglio island. Nearly 4,200 passengers and crew members were evacuated. Read More

COSTA CONCORDIA: Carnival boss, a ghost?

In Miami, we hear snickering that as the Costa Concordia sits on its side with dead passengers still trapped inside, some of the Carnival executives have been gallivanting around town at black-tie gala parties and even Miami Heat professional basketball games. The US owner of the passenger liner wrecked off the Italian coast 12 days ago with the loss of up to 32 lives was accused last night of failing to take responsibility for the tragedy, as prosecutors shone a light on failed safety procedures. Read More

Costa Concordia disaster may affect cruise industry

The Costa Concordia, owned by Miami-based Carnival Corporation, capsized after allegedly going off course and getting too close to the rocky shore. There are many unanswered questions surrounding the recent cruise ship accident off Italy’s Tuscan coast. The Costa Concordia, owned by Miami-based Carnival Corporation, capsized after allegedly going off course and getting too close to the rocky shore. The Costa Concordia carried about 4,200 passengers and crew members. As of January 19, 2011, 11 people were announced dead and 22 more were still missing. The incident will be investigated, likely answering many questions regarding the circumstances of the disaster. Read More

Costa Concordia wreck won’t sink Carnival Corp’s profits

Costa Concordia wreck leaves hostile PR wake for Carnival Cruise Lines … the Concordia crisis promises to be a milestone moment for Carnival. Costa is the third-largest of Carnival’s cruise lines, so experts say the short-term woes will be expensive for one of South Florida’s largest employers. Forecasts by Barclays and UBS agree the dramatic capsizing will cost Carnival about 20 percent of its profit this year —roughly a $400 million loss. Read More