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Apr 13th, 2013 Comments: 0

Costa Concordia company to pay $1.3 million fine for shipwreck

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DigitalJournal.com
The disaster that was the Costa Concordia, which sank on Jan. 13, 2012 with the death of 32, continues to make news. Today, the Costa Crociere, a division of Miami-based Costa Carnival, owners of the ship, reached an out-of-court settlement.Costa Crociere will pay a $1.3 million fine and thus evade going to court over the tragedy. Had their been a court case it would have been lengthy and costly and may have opened them up to further lawsuits, that though the company maintains fault for the disaster lies only with the ship’s captain, Francesco Schettino.

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