OceanGate, an organization primarily based in Everett, Washington, owned the Titan submersible that’s believed to have imploded because it made its descent on June 18 within the North Atlantic.
The implosion killed all 5 individuals on board, together with Stockton Rush, the submersible’s pilot and the chief government officer of the corporate.
The firm’s web site stated on Thursday it “has suspended all exploration and commercial operations”.
The Coast Guard is investigating the implosion.
OceanGate relies within the US and OceanGate Expeditions, a associated firm that led the Titan’s dives to the Titanic, is registered within the Bahamas.
The Titan submersible itself “was not a US flagged vessel and was never certified or certificated by the US Coast Guard,” the Coast Guard has stated.
Source: www.9news.com.au