Broker takes OceanGate submersible off market after high-profile Titan implosion

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It's going to be a tough sell — if it sells at all.

has been on the market for the past five years, but now, the man in charge of selling it is throwing in the towel.

Reoch said the Titan submersible implosion that happened last month will undoubtedly hurt future sales.OceanGate has since suspended its operations"You're looking at a situation where this is in the whole world's mind. This was a global issue," said Reoch."People are obviously going to connect Titan to other legitimate submersible operators and fear for safety, and that's what's going to hurt the industry in the short run.

"It's my opinion that Antipodes, being part of OceanGate, will be in litigation for years and years to come," he said."It's really unsellable at this point."

 

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