In the lead-up to Titan’s catastrophic implosion, OceanGate’s financial crisis forced risky decisions, such as proceeding despite storm warnings. CEO Stockton Rush prioritized speed and cost, compromising safety for profit. The company’s disregard for regulations and maintenance exacerbated risks, ultimately leading to a tragic failure in safety and technology.
The US Coast Guard has released crucial footage from ROVs of a sunken submersible made of titanium, providing evidence of its catastrophic implosion during an expedition to the Titanic wreck. The footage shows debris on the seafloor and will play a vital role in the MBI hearing investigating the incident that claimed five lives.
The US Coast Guard’s investigation into the tragic sinking of the Titanium submersible is extended beyond the original schedule, nearing the one-year anniversary of the incident. The need for recovery missions and forensic investigations has led to delays. The MBI aims to hold a public hearing by the end of the year.
