Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

A passenger ship, Costa Victoria, heads to shipyard to be scrapped in Italy, according to European media reports. Costa’s parent company, Carnival Corp has declared in its latest financials reports that they were to remove six ships from their fleet in 90 days as COVID-19 has hit them hard and financial problems sprung from it.


Costa Victoria is a 23-year-old ship built-in 1996 which arrived in Piombino, Italy to be demolished. The ship will be reportedly recycled as a part of trial projects to recycle cruise ships. Costa Victoria weighs about 75,200gt.


Costa had previously confirmed that they were ‘retiring’ ships to make room for new inventory pipeline.


San Giorgio del Porto will be responsible for the dismantling Costa Victoria taking care of the high content of hazardous waste on board including, paints and resins, asbestos, mineral oils, heavy metals etc which are extremely harmful to the environment. San Giorgio is the only Italian company listed under the Register of Environmental Ship Reclamation & Recycling Facilities which can carry out green ship recycling projects. 

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