I don’t claim to be a salvage expert, but I was thinking about this over the weekend and I thought that perhaps adding external flotation to the Costa Concordia might be the way to go. Like huge “water wings”. Essentially, you would weld fittings all along the hull, above the ship’s center of gravity, that you could secure giant inflatable buoys to. After waiting for high tide, and after pumping as much fuel, water, sewage, etc off the ship as possible, they might be able to drag the ship off the ledge. Once in deeper water, the buoys attached to the hull (because they are attached above the center of gravity) would hopefully pivot the ship upright.
Because the ship is full of water, it of course might possibly sink straight away, but then again,if you had enough of these buoys, and closed all the right watertight doors, maybe it wouldn’t? Perhaps it then might be feasible to tow it away to a drydock?
I don’t see any way of picking the ship up off the ledge from where it is now, and cutting it up doesn’t sound like it’s an option that’s being considered.
Feel free to shoot my idea down or propose another idea…