OceanGate—the owner of the Titan submersible that imploded during a voyage to the Titanic, killing all five people on board—says it has suspended its exploration and commercial operations, according to its website, CNN reported.
The company’s CEO, Stockton Rush, was among those who perished in the disaster in the North Atlantic Ocean last month.
“OceanGate has suspended all exploration and commercial operations,” the top of the company’s official website said Thursday.
But the site still features highlight reels of equipment and expeditions, as well as descriptions of expedition offerings such as touring the Titanic wreckage.
The Titan—a 23,000-pound vessel roughly the size of a minivan—was about 1 hour and 45 minutes into a dive toward the Titanic when it lost contact with its mother ship on June 18.
The Titan’s failure to resurface sparked a massive, international search—from the Atlantic Ocean’s swelling surface to its cold, blind depths—that captured the world’s attention for days.
On June 22, officials confirmed the Titan had suffered a “catastrophic implosion.”
The five men onboard have been identified as Rush; British businessman Hamish Harding; French diver Paul-Henri Nargeolet; Pakistani billionaire Shahzada Dawood; and Dawood’s 19-year-old son, Suleman Dawood.
Later, the US Coast Guard reported that five large pieces of debris had been found and identified as parts of the Titan.
And on June 23, it became known that the cause of the accident was the implosion: the destruction of the body of the bathyscaphe under the pressure of water.

















