Published on Jan 16, 2012     Purchase this article for republication   Buy SPH photos    

NEW YORK (AFP) – Carnival Corp, the owner of the luxury liner that ran aground off the Italian coast with the loss of at least six lives, said on Monday the initial cost of the disaster was US$85-95 million (S$110-123 million).

The company said its priority was the ‘safety of our passengers and crew’ and expressed condolences to the families of those who had died when the ship grounded and then pitched over to leave it half submerged late on Friday.

‘A damage assessment review of the vessel is currently being undertaken…

The vessel is expected to be out of service for the remainder of our current fiscal year, if not longer,’ it said in a statement.

         

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