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OceanGate suspends all exploration, commercial operations after deadly Titan sub implosion

OceanGate suspends all exploration, commercial operations after deadly Titan sub implosion

CBSN
Thursday, July 06, 2023 06:10:58 PM UTC

OceanGate, the company that owned and operated the submersible that imploded with five people on board, has suspended all exploration and commercial operations.

The company made the announcement Thursday in a banner on its website. No further details were provided. OceanGate CEO Stockton Rush was among the five people killed when the Titan sub imploded en route to the wreckage of the Titanic wreckage in June. 

The Coast Guard's Marine Board of Investigation, along with authorities from Canada, France and the United Kingdom, are looking into what caused the deadly implosion. Investigators will look into possible "misconduct, incompetence, negligence, unskillfulness or willful violation of law" by OceanGate, the company that operated the Titan, or by the Coast Guard itself, the service branch previously said.

Read full story on CBSN
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