Wreck of the Italian cruise liner Costa Concordia is being towed to Genoa in Italy for scrapping from the island of Giglio, where the ship sank after running aground in January 2012, media reports say.

The wreck was rightened last autumn and refloated nine days ago.

At 114,147 gross tons, Costa Concordia that was delivered to Costa Crociere in 2006, is by far the largest passenger vessel that has ever been declared constructive total loss.

It took the title from Seawise University, formerly the first Queen Elizabeth of Cunard Line (1940-68), which sank after a fire in Hong Kong in January 1972. The ship was of 83,673 gross registered tons.