0 to bring a ship back to the surface of the water after it has sunk:
the cost of refloating the Costa Concordia
Pieces of the false keel floated to the surface, but the ship was quickly refloated and found not to be leaking.
All efforts to refloat her failed, and bad weather was forecast.
The vessel ran aground at seven minutes past 8, and she was refloated within three hours.
I still consider it worthwhile, therefore, to refloat the idea of having a payroll tax.
The next best course would have been to refloat the ship and tow it away.
This in itself could only have helped to lighten the vessel and, possibly, assist in the process of refloating.
However, the administrator would be able to refloat the company on the basis of the cash-generating assets, which have a significant positive value.
Several attempts to refloat the vessel had to be abandoned but most of the equipment, including the engines, was salvaged.
