Costa Concordia lies on its side
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Costa Concordia 'hurt' cruise industry

The Costa Concordia disaster hurt the cruise ship industry in a "profound way" - a senior cruise liner figure has said.

32 passengers and crew members died in the accident, which unfolded just off the Italian island of Giglio in January 2012.

Adam Goldstein, CEO of Royal Caribbean International, told BBC Radio 5 live's Wake Up to Money that the accident forced the industry to make changes to health and safety policy.

"The industry has probably done more and better work together in safety and environment and security matters since the Concordia than in the 40 years before that happened. We simply had no choice as an industry but to respond."

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