The corporate that owned a submersible that fatally imploded on its solution to discover the wreck of the Titanic stated Thursday it has suspended operations.
OceanGate, an organization primarily based in Everett, Washington, owned the Titan submersible that’s believed to have imploded because it made its descent on June 18 within the North Atlantic. The implosion killed all 5 folks on board, together with Stockton Rush, the submersible’s pilot and the chief govt officer of the corporate.
The corporate’s web site stated Thursday that it “has suspended all exploration and industrial operations.”
The Coast Guard is investigating the implosion.
OceanGate is predicated within the U.S. and OceanGate Expeditions, a associated firm that led the Titan’s dives to the Titanic, is registered within the Bahamas. The Titan submersible itself “was not a U.S. flagged vessel and was by no means licensed or certificated by the U.S. Coast Guard,” the Coast Guard has stated.
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