Time Lapse: Watch the Costa Concordia Float Again

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July 15 (Bloomberg) -- The Costa Concordia cruise ship that ran aground off the coast of Italy in 2012 is afloat again. Engineers spent hours lifting the cruise ship from a rocky reef it stuck. The cost of the removal of the ship has ballooned to more than $1 billion from initial estimates of $300 million. (Source: Bloomberg)

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