OceanGate, owner of the submersible that imploded during a dive to the Titanic, suspends operations

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The implosion of the Titan last month killed all five people on board, including Stockton Rush, the submersible’s pilot and company’s chief executive officer.

FILE - This undated image provided by OceanGate Expeditions in June 2021 shows the company's Titan submersible.The company that owned a submersible that imploded on its way to explore the wreck of the Titanic, killing all five onboard, said Thursday it has suspended operations.

The Coast Guard said last week that human remains have likely been recovered from the wreckage of the submersible and are being examined by medical officials in the U.S. Remote-operated vehicles, known as ROVs, were used to retrieve the debris from the ocean floor about 12,500 feet underwater. The statement on OceanGate’s website says the Everett, Washington-based company “has suspended all exploration and commercial operations,” but doesn’t elaborate. Phone messages seeking comment were left with the company.

Also killed in the implosion were two members of a prominent Pakistani family, Shahzada Dawood and his son Suleman Dawood; British adventurer Hamish Harding; and Titanic expert Paul-Henri Nargeolet. The company charged passengers $250,000 each to participate in the voyage.

 

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