The (incredibly expensive) Titanic tourism industry that just lost a submarine

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When OceanGate Expeditions began operations, they boasted of having the only privately\u002Downed vehicles capable of reaching the Titanic

On Monday, it emerged that one of the missing submersible’s passengers is U.K. billionaire Hamish Harding.

, and four times deeper than the lowest depth ever reached by a conventional U.S. Navy submarine. Merely descending to the wreck takes about two hours.It wasn’t until after the Second World War that marine technologists — most notably the French oceanographer Jacques Cousteau — were able to pioneer the development of submersibles that could reach the bottom of the mid-Atlantic without getting crushed.

 

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