The 25,441 gross ton Costa Marina had been built as a Swedish containership in the 1970s and it was rebuilt as a cruise liner in Italy in 1990 at a cost of $130 million.
Costa Marina, which has 772 lower berths, will leave the fleet in November 2011. “In the third quarter of 2011, the company will record a loss on the sale of approximately $0.02 per share,” Carnival said in a statement.