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(Security): OceanGate Suspends all Exploration & Operations after Deadly Titan Sub Implosion


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, July 6, 2023, 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.

The deadly implosion brought new scrutiny to OceanGate and Rush. In a resurfaced clip from 2021, Rush told vlogger Alan Estrada that he'd "broken some rules" to make trips to the Titanic possible for his company.

The Titan went missing last month, during a voyage to the Titanic wreckage in the North Atlantic. The crew of the Polar Prince research vessel lost contact with the submersible 1 hour and 45 minutes into its June 18 dive.

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