Overview
- The U.S. Coast Guard expects to issue its conclusive report on the Titan’s catastrophic failure later this year after investigating the June 2023 implosion.
- "Titan: The OceanGate Disaster," due June 11 on Netflix, features former pilot David Lochridge describing how he was dismissed after raising safety alarms.
- Regulators and experts have faulted OceanGate’s carbon fiber hull and lack of independent certification, noting internal alerts that went unaddressed.
- The vessel collapsed on its descent to the Titanic wreck site, killing CEO Stockton Rush and four passengers who each paid $250,000 for the dive.
- OceanGate has permanently ceased operations and is fully cooperating with both Coast Guard and NTSB inquiries into the tragedy.