OceanGate ceases all exploration and commercial activities after the Titan sub-explosion

OceanGate, owned and operated company The submarine exploded With five people on board, all exploration and commercial activities have been suspended.

The company made the announcement on its banner on Thursday Website. No further details were provided. OceanGate CEO Stockton Rush was one of five people killed in June when the Titanic submarine exploded en route to the Titanic wreck.

The Coast Guard’s Marine Board of Investigation, along with officials from Canada, France and the UK, are investigating. What caused the fatal explosion?. Investigators will look into “misconduct, incompetence, negligence, incompetence or willful violation of law” by OceanGate, the company that operates the Titan, or the Coast Guard, the service branch said earlier.

Titan debris
Debris from the Titanic submarine recovered from the seabed near the wreck of the Titanic was unloaded in Newfoundland on Wednesday.

Paul Daly/The Canadian Press/AP


The deadly explosion brought new research to OceanGate and Rush. In a reposted clip from 2021, Rush Volger tells Alan Estrada “Violated some rules“For making voyages to the Titanic possible for his company.

“I want to be remembered as an innovator. I think that’s what Gen [Douglas] “MacArthur said, ‘You are remembered for the rules you break,'” Rush said. “And I broke some rules to make this. I think I’ve cracked them with logic and good engineering behind me.”

OceanGate is a private company. On the company’s website, OceanGate claims “innovative use of materials and state-of-the-art technology” in building deep-diving submarines.

The company, which charged $250,000 per person for the Titanic cruise, had been warned for years of possible safety problems.

A professional trade group in 2018 warned that OceanGate’s experimental approach to Titan’s design could lead to “disastrous” consequences, according to a letter from the group obtained by CBS News.

The same year, OceanGate employee Raised security concerns About the company’s protocol for testing Titan’s design and hull reliability. OceanGate terminated the employee after she shared her complaints with government regulators and OceanGate management.

The Titan disappeared During a trip to the Titanic wreck in the North Atlantic last month. The crew of the research vessel Polar Prince lost contact with the submarine within 1 hour 45 minutes of its sinking on June 18.

Apart from Rush, Pakistani businessman Shahjata Dawood, his 19 year old son SulaimanBillionaire adventurer Hamish Harding and accompanied by the French explorer Paul-Henri Narjolet.

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