OAN’s Noah Herring
12:48 PM – Thursday, July 6, 2023
OceanGate stated that it is suspending all exploration and commercial operations following the Titan submersible’s implosion, which killed all five people on board.
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The company announced the suspension on Thursday when they posted a message on the company website. “OceanGate has suspended all exploration and commercial operations.”
On June 18th, the company’s Titan submersible went missing while on a commercial deep-sea voyage to the Titanic. It was later found that the missing submersible imploded about 1 hour and 45 minutes into its descent, killing all five people on board.
OceanGate charged $250,000 per ticket to visit the legendary wreckage of the Titanic. Legal experts have claimed that the families of those onboard the vessel do not have a legal avenue to sue.
Debris from the submersible, including the tail cone, were found on the ocean floor about 1,600 feet from the bow of the Titanic. Along with the debris, the U.S. Coast Guard found “presumed human remains.”
The Marine Board of Investigation is conducting “further analysis and testing” on the evidence, according to the Coast Guard.
“There is still a substantial amount of work to be done to understand the factors that led to the catastrophic loss of the TITAN and help ensure a similar tragedy does not occur again,” Marine Board of Investigation Chair Capt. Jason Neubauer said.
OceanGate had conducted over 14 expeditions and 200 dives, according to the company’s website. At least 28 people visited the Titanic with the submersible company last year.
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