OceanGate Suspends ‘All Exploration and Commercial Operations’ After Catastrophic Sub Disaster

Debris from the Titan submersible, recovered from the ocean floor near the wreck of the Titanic, is unloaded from the ship Horizon Arctic at the Canadian Coast Guard pier in St. John's, Newfoundland on Wednesday, June 28, 2023. Paul Daly/The Canadian Press via AP

The company that operated a failed Titanic exploration trip that killed all five people on board confirmed on July 6 that it’s suspending “all exploration and commercial operations” in response to the deadly incident.

OceanGate announced the decision on its website just weeks after its Titan submersible vehicle imploded during a trip to visit the Titanic shipwreck in the North Atlantic. A previous version of the website shows the company had listed two trips to the Titanic scheduled for June 2024.