In 2026, the Costa Concordia no longer exists, and as such, it has no owner. Following the tragic shipwreck off the coast of Isola del Giglio in January 2012, the vessel became the subject of the largest and most expensive maritime salvage operation in history. The ship was owned and operated by Costa Crociere, a subsidiary of the American-British Carnival Corporation & plc. After being righted in a complex "parbuckling" maneuver in 2013, the wreck was towed to the Port of Genoa, Italy, in July 2014. There, it underwent a multi-year dismantling process. By July 2017, the scrapping was officially completed, with over 90% of the ship's materials (approximately 50,000 tons of steel) being recycled. The parent company, Carnival Corp, paid over $2 billion for the salvage and environmental cleanup. Today, only the memories and the legal precedents set by the disaster remain, as the physical hull was entirely broken down for industrial reuse nearly a decade ago.