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Raise It or Raze It?: How Will the Stranded Italian Cruise Ship Be Salvaged?

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At more than twice the size of the Titanic, the Costa Concordia was the largest passenger vessel ever to sink when it capsized off Italy's northwest coast on January 13. So far, Italian authorities say of the more than 4,200 passengers and crew on board, at least 18 are confirmed dead and 14 unaccounted for , and the insurance costs may reach $1 billion, according to Moody's Investors Service.

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