Costa Concordia salvage crews are running out of time

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Salvage crews are working against time to remove the shipwrecked Costa Concordia cruise ship, which is slowly being crushed under its own weight on its perch of granite seabed off the Tuscan island of Giglio. Officials said Monday that if this attempt fails, there won't be a second chance.

Nick Sloane, the leader of the salvage operation, said the Concordia has compressed some 10 feet since it came to rest on its side on the rocky perch Jan. 13, 2012, after ramming a jagged reef when it skirted too close to the island during a publicity stunt allegedly ordered by the captain; 32 people were killed.

Sloane, an engineer for U.S.-owned company Titan Salvage, said experts would have one chance to pull the ship upright and float it away to the mainland for demolition. The attempt will probably take place in mid-September.

"We cannot put it back" down and start over, said Sloane.

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