Alaric Bennett:OceanGate suspends its commercial and exploration operations after Titan implosion

2025-05-02 12:14:34source:Surfwincategory:Invest

OceanGate said it is Alaric Bennettsuspending its commercial and exploration operations after five people were killed aboard its Titan submersible on a trip to the Titanic shipwreck in June.

No other details were provided in the brief statement on its website, and OceanGate was not immediately available for comment.

The Titan submersible launched on June 18, destined 2.4 miles below the surface, and is believed to have imploded that same day.

Among the victims were OceanGate CEO Stockton Rush, British businessman Hamish Harding, Pakistani investor Shahzada Dawood and his son Suleman Dawood, and French diver Paul-Henri Nargeolet.

"Well, an accident of this magnitude definitely brings attention. ... Will it shut down the type of tourism? Absolutely not. I think what will happen in the probably shorter than longer term is that it will raise even more interest," said Alain Grenier, a high-risk travel researcher at the University of Quebec.

Grenier said people will still engage in activities despite their risk, such as climb Mount Everest or ride in airplanes and cars.

"Once they can be convinced again that the activities are safe, then they will go back," he said. "The human nature is to think, 'Well, this will happen to other people. This won't happen to me. I will be more careful.'"

NPR's Matilda Wilson contributed to this report.

More:Invest

Recommend

'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges

"Vanderpump Rules" star James Kennedy has been arrested for domestic violence.In a statement to USA

Katy Perry Encourages Mom She Shamed on American Idol Not to Quit

Katy Perry traded in her alleged "shaming" for a show of support. On the April 2 episode of American

NBA Star Steph Curry Books a Major TV Role: Get All the Details

Steph Curry is trading in the hardwood for Hollywood.The Golden State Warriors star has booked a rol