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Foschi: Fascinosa delivery key step in Costa’s recoveryFoschi: Fascinosa delivery key step in Costa’s recovery

Costa Crociere chief Pier Luigi Foschi called today’s delivery of Costa Fascinosa ‘an important stepping stone on our company’s road to recovery’ and a confirmation that long-term business fundamentals ‘remain strong.’ Despite Costa Concordia’s capsize and the economic downturn, ‘Costa has bounced back and booking volumes are back to the same levels recorded this time last year, ahead of our own expectations,’ Foschi said in Venice during Costa Fascinosa’s official handover from Fincantieri.

Anne Kalosh, Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review

May 5, 2012

1 Min Read
Credit: Seatrade Cruise News

‘Our share of the market in the main countries where we operate has not been affected,’ Foschi maintained. ‘We were, are and will remain No. 1 in Europe.’ The Costa chief further pledged: ‘We will continue to work for our customers, offering them even better and safer cruises on fantastic ships like the Costa Fascinosa,’ on a day when the line also detailed seven safety initiatives.

These include implementation of a high-tech safety monitoring system to manage and monitor routes and involving both on-board and ground staff. The system enables the company to monitor the position and course of the entire fleet in real time.

Costa Fascinosa was delivered in a ceremony at the Venice Passenger Terminal, attended by Italy’s Tourism Minister Piero Gnudi, whose daughter Elsa served as godmother of the new ship. Costa and Fincantieri made a joint donation to the Papa Giovanni XXIII Community by Father Oreste Benzi, for the Rainbow Project, which assists children worldwide and is supported by Elsa Gnudi.

The €510m Costa Fascinosa was built at Fincantieri’s Marghera yard.

Fincantieri ceo Giuseppe Bono called the ship ‘living proof of the progress and the results achieved by two great Italian industries jointly contributing to spread a positive image of “Made in Italy” around the world despite the difficulties.’

Costa Fascinosa’s delivery follows, by two months, the completion of the extensive €90m renovation of neoRomantica. Costa also plans to add a 132,500gt ship, built at Marghera, in October 2014.

[See also ‘Carnival’s Frank: Costa has staged “remarkable recovery”’ and ‘New Costa safety initiatives may be adopted by all Carnival brands.’]

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About the Author

Anne Kalosh

Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review

Anne Kalosh covers global stories, reporting both breaking and in-depth news on cruising's significant people, places, ships and trends. A sought-after expert on cruising, she has moderated conferences around the world, including the high-profile State of the Industry panel at Seatrade Cruise Global. She created and led the acclaimed itinerary-planning case study for Seatrade's cruise master classes held at Cambridge and Oxford universities. She has been the cruise columnist for AFAR.com, and her freelance stories have appeared in a wide range of publications, from The New York Times to The Miami Herald.

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