Preparations photo #5 shows a close up of the cutting cable they used.
"What is the cutting wire made of and how exactly does it work?
The cutting wire consists of a series of grit-covered bushes mounted along a high-tension steel cable. In essence, the bushes consist of three layers. The inner layer, around the hole that accommodates the steel cable, is composed of mild steel. The second layer is hard steel. The outer layer is the grit coating, which consists of a material called WIDIA. It is a mixture of several types of steel, comparable in hardness to real diamonds. The grit gives the bushes a very hard and rough surface, which is perfect for cutting purposes.
The bushes mounted along the steel cable form a chain of approximately 70 meters long. At each end of this chain, an additional 40 meters of steel cable is attached, which is wound around the drums of the winches that drive the cutting wire. The winches are located on jack-up rigs, which in turn are positioned alongside the wreck of the TRICOLOR. Once the jack-up rigs are in position and the cutting wire is in place underneath the TRICOLOR, the winches start pulling the cable back and forth. When one winch pulls the cable, the other unwinds. Thus a sawing movement is generated strong enough to cut through ship’s hulls, machinery, cargo, propeller shafts, etc."
From what I read there was some type of "insurance pool" of $30 million to help pay for the salvage but the cost was expected to exceed that amount.
"2871 new cars + an additional 77 units of ro-ro cargo"
Bill Tolle