The firm that owned the submersible Titan has suspended its commercial operations, it announced on its website.
OceanGate said it has “suspended all exploration and commercial operations” following the implosion of the vehicle last month while on a voyage to the undersea wreckage of the Titanic off the coast of Canada.
The company had planned two trips to the ruins for June 2024 its website showed.
All five people on board were killed, including UK citizens Hamish Harding and father and son Shahzada and Suleman Dawood, alongside OceanGate Expeditions’ chief executive Stockton Rush and the submersible’s pilot, French national Paul-Henri Nargeolet.
(Clockwise from top left) Paul-Henri Nargeolet, Stockton Rush, Hamish Harding, Suleman Dawood and Shahzada Dawood all died in the incident
Presumed human remains were recovered from the wreckage of the submersible a week ago, along with pieces of debris from the craft.
Authorities are investigating the cause of the vessel’s collapse, which has raised questions about the regulation surrounding such deep-sea voyages.
Read more:
What happened to the vessel?
The stories of the ‘true explorers’ on board
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Titan debris brought to shore
An extensive search and rescue operation – involving vessels on the water, aircraft and remotely operated vehicles (ROVS) underwater – had been carried out after Titan lost communication with the Polar Prince mother ship, an hour and 45 minutes into the two-hour descent to the Titanic on 18 June.