Titan Sub Tragedy: OceanGate Suspends All Exploration And Commercial Operations

etcanada.com:

OceanGate has suspended all exploration and commercial operations following the Titan submersible tragedy that killed five passengers during its expedition last month.

The announcement was made on the company’s website in a banner displayed at the top of the home page. The Everett, Washington-based diving company — founded in 2009 — offered crewed submersibles for tourism to explore and research the ocean’s depths by providing a close-up look at shipwrecks and underwater canyons. READ MORE: Titanic Sub: Families Pay Emotional Tribute To 5 Passengers Killed In ‘Catastrophic Implosion’ The decision to suspend operations comes after the U.S.

Coast Guard announced on June 28 that “presumed human remains” of the passengers, including OceanGate’s CEO, who were on the Titan submersible had been recovered while searching through the wreckage after the sub imploded.

Last week, the Coast Guard also said that the Marine Board of Investigation will be conducting “further analysis and testing” on the evidence. “There is still a substantial amount of work to be done to understand the factors that led to the catastrophic loss of the Titan and help ensure a similar tragedy does not occur again,” Marine Board of Investigation Chair, Capt.