Another billionaire is going to the Titanic, but this one says he's not ignoring industry standards

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Larry Connor, left, and Patrick Lahey plan to return to the Titanic aboard a new submersible. Connor is the billionaire owner of Connor Group, and Lahey is the co-founder of Triton Submarines.

Another billionaire is going to the Titanic, but this one says he's not ignoring industry standards | CBC News LoadedNews that an American billionaire is planning to visit the Titanic has drawn comparisons to the OceanGate disaster one year ago. But the key difference this time is that Larry Connor plans to use a submersible that's been classed and certified.

"I'm concerned that people associate diving subs, especially new or different subs, with danger or tragedy," Connor told the Times this week. Connor declined comment to CBC News, with a representative saying he couldn't schedule time for an interview.Triton Submarines announced it's building the Abyssal Explorer to return to the Titanic wreckage. The company says the vehicle will be able to withstand depths of 4,000 metres.

WATCH | From last June, a ship arrives in St. John's with wreckage from the Titan submersible that imploded during its descent to the TitanicDebris, including the nose cone, from the doomed OceanGate Titan submersible is now with investigators in St. John’s who hope it will shed light on why the sub imploded, killing all 5 on board.

Larry Daley, who dived to the Titanic in 2003, has worked on multiple expeditions in the past. He became friends with Paul-Henri Nargeolet through their work on the Titanic expeditions. " have set the bar so high that there's no compromise on safety. Everything they do is well designed, it's well engineered. The expertise is there, the financial backing is there as well. And they're not in a hurry to do things.

He said the vehicle will be certified by an independent body, unlike OceanGate's Titan submersible. The entire process will take two to three years.

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