Business Day

Italy fines cruise line for Concordia sinking


A judge in Tuscany has fined Italian cruise line Costa Crociere ¤1m in administra­tive sanctions for last year’s wreckage of the Concordia cruise ship that killed 32 people. Costa had asked for a plea bargain agreement to respond to the sanctions, which are foreseen for companies when employees commit crimes. On Tuesday, Judge Valeria Montesarch­io of the Grosseto tribunal accepted the plea. Costa, a division of Carnival, has sought to blame the disaster entirely on Capt Francesco Schettino, who rammed the Concordia into a reef off the Tuscan island of Giglio on January 13 last year, causing it to take on water and capsize.

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