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☆ Gold pocket watch owned by the richest man on the Titanic, who died when the ship sank, fetches record $1.5 million
▼ + stars: | 2024-04-28 | by ( Cameron Manley | ) www.businessinsider.com time to read: +3 min

A gold pocket watch owned by Titanic's richest passenger sold at auction for around $1.5 million. The watch was owned by John Jacob Astor IV, a businessman who died when the ship sank in 1912. AdvertisementA gold pocket watch that belonged to the richest man on the Titanic has sold at auction for a record-breaking £1.175 million, which is roughly $1.5 million. Astor IV, who was 47 at the time the Titanic sank, helped his wife, Madeleine, onto a lifeboat and then smoked a last cigarette as the ship went down. Universal History Archive/Universal Images Group via Getty ImagesThe RMS Titanic sank in the early hours of April 15, 1912, after hitting an iceberg in the North Atlantic Ocean.

Persons: John Jacob Astor IV, —, Henry Aldridge, Son's Instagram, Astor, Son, Astor IV, Madeleine, Wallace Hartley, Harland &, OceanGate Organizations: Titanic's, Service, Henry Aldridge & Son, Titanic, Getty, Harland, Harland & Wolff Locations: Devizes , Wiltshire, South West England, Belfast , Northern Ireland

Paul-Henri Nargeolet was the director of underwater research for RMS Titanic, Inc, the Georgia-based firm that recovers and exhibits Titanic artifacts. Nargeolet was lending his expertise to a separate company, OceanGate, when he and four others died on the Titan's final dive near the Titanic in June. The former French navy officer had already completed 37 dives and supervised the recovery of about 5,000 Titanic artifacts. A hearing was still scheduled for Friday afternoon in U.S. District Court in Norfolk, Virginia, which oversees Titanic salvage matters. The firm said it “will not recover artifacts at this time, nor conduct other activity that would physically alter or disturb the wreck,” the company wrote Wednesday.

Persons: Paul, Henri Nargeolet, Nargeolet, RMST, “, Jessica Sanders, Henri ‘ P.H, ’ Nargeolet, ” Organizations: U.S ., French, Marconi, U.S . Coast Guard, U.S, Britain Locations: NORFOLK, Va, U.S, Georgia, That's, Southampton, England, New York, Norfolk , Virginia, Britain, Norfolk

☆ Image shows the last remaining debris from the Titan submersible implosion recovered by the Coast Guard
▼ + stars: | 2023-10-10 | by ( Associated Press | ) www.businessinsider.com time to read: +3 min

The final debris from the Titan submersible's implosion was recovered by US Coast Guard officials. More presumed human remains were also found from within the debris and will be examined. The Coast Guard said that the recovery and transfer of remaining parts was completed last Wednesday, and a photo showed the intact aft titanium endcap of the 22-foot (6.7-meter) vessel. Additional presumed human remains were carefully recovered from within Titan's debris and transported for analysis by U.S. medical professionals, the Coast Guard said. AdvertisementAdvertisementThe Coast Guard previously said it recovered presumed human remains along with parts of the Titan after the debris field was located at a depth of 12,500 feet (3,800 meters).

Persons: —, Titan, OceanGate Organizations: US Coast Guard, Service, Guard, Coast Guard, U.S . Navy, Investigators, Guard's Marine Board of Investigation, U.S . National Transportation Safety Board, Transportation, Board of Canada, Board of Investigation, Stockton Rush

The Coast Guard has recovered remaining debris from a submersible that imploded on its way to explore the wreck of the Titanic, killing all five onboard, deep beneath the Atlantic Ocean's surface, officials said Tuesday. The salvage mission conducted under an agreement with the U.S. Navy was a follow-up to initial recovery operations on the ocean floor roughly 1,600 feet (488 meters) away from the Titanic, the Coast Guard said. It said Tuesday that the recovery and transfer of remaining parts was completed last Wednesday, and a photo showed the intact aft portion of the 22-foot (6.7-meter) vessel. Investigators believe the Titan imploded as it made its descent into deep North Atlantic waters on June 18. The Coast Guard previously said it recovered presumed human remains along with parts of the Titan after the debris field was located at a depth of 12,500 feet (3,800 meters).

Persons: Titan Organizations: Coast Guard, U.S . Navy, The Coast Guard, Guard’s Marine Board, Investigation, Stockton Rush

☆ Move over jet skis: The new onboard gadget the ultra-rich seek for their superyachts are submersibles.
▼ + stars: | 2023-10-01 | by ( Lloyd Lee | Hannah Getahun | ) www.businessinsider.com time to read: +4 min

Now, the world's .01% are seeking submersible vessels to accessorize their latest superyacht purchase, The Washington Post reports. "Yacht owners are, by and large, people who have an interest in the ocean," Patrick Lahey, founder of Triton Submersibles, previously told Insider. The disaster may have sparked more interest in extreme adventures from the wealthy, Phillippe Brown, founder of Brown and Hudson travel company, previously told Insider. Valery Hache/AFP via Getty ImagesAt Triton Submersibles, a vessel can cost between $2.5 million and $7 million, Insider reported. AdvertisementAdvertisement"Even after a thousand dives, it never stops being exciting," Charles Kohnen, co-founder of SEAmagine, told the Times.

Persons: —, Ofer Ketter, Jeff Bezos, Patrick Lahey, Triton Submersibles, Phillippe Brown, Brown, Valery Hache, Ian Sheard, Charles Kohnen, SEAmagine Organizations: Service, Washington Post, New York Times, Amazon, International Monaco, Getty, Times Locations: Hudson, AFP, Aurora

☆ How to watch Virgin Galactic's first space tourist launch 300,000 feet above the ground
▼ + stars: | 2023-08-10 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +5 min

Virgin Galactic plans to launch its first space tourist flight. Watch it here:Who are Virgin Galactic's first space tourists? These are the first commercial passengers to fly aboard Virgin Galactic's first private commercial spaceflight, due to take off Thursday. "The whole team just swarmed into my house saying 'You're the winner, you're going to space,'" Schahaff told the BBC. This is Virgin Galactic's second commercial flight and the first to carry paying customers.

Persons: Richard Branson's Virgin, Sir Richard, Jon Goodwin, Keisha Schahaff, Virgin Galactic's, Virgin Galactic Goodwin, Goodwin, Schahaff, Anastatia Mayers, Beth Moses, Richard Branson, Elon Musk, OceanGate Organizations: Virgin, Service, VSS Unity, Virgin Galactic, Sky News, BBC, University of Aberdeen, Italian Air Force, National Research Council of Italy, Galactic's, Galactic Locations: Wall, Silicon, Munich, nought, Antigua, London, Caribbean, Scotland, New Mexico

☆ A mother-daughter duo will join an 80-year-old Olympian on Virgin Galactic's first space tourism flight on Thursday. Here's how to watch live.
▼ + stars: | 2023-08-08 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +5 min

Virgin Galactic plans to launch its first space tourist flight on Thursday. These are the first commercial passengers to fly aboard Virgin Galactic's first private commercial spaceflight, due to take off Thursday. Keisha Schahaff won her tickets through a raffle while on a Virgin flight from Antigua to London in 2021. "The whole team just swarmed into my house saying 'You're the winner, you're going to space,'" Schahaff told the BBC. This is Virgin Galactic's second commercial flight and the first to carry paying customers.

Persons: Richard Branson's Virgin, Sir Richard, Jon Goodwin, Keisha Schahaff, Virgin Galactic's, Virgin Galactic Goodwin, Goodwin, Schahaff, Anastatia Mayers, Beth Moses, Richard Branson, Elon Musk, OceanGate Organizations: Virgin, Service, New Mexico's, Sky News, Virgin Galactic, BBC, University of Aberdeen, Italian Air Force, National Research Council of Italy, VSS Unity, Galactic's, Galactic Locations: Wall, Silicon, New, America, Munich, nought, Antigua, London, Caribbean, Scotland, New Mexico

☆ Obsessed With the Ocean, Susan Casey Takes the Plunge
▼ + stars: | 2023-07-31 | by ( Alexandra Alter | More About Alexandra Alter | ) www.nytimes.com time to read: +1 min

Her deep sea adventures were exhilarating, and occasionally harrowing. Given how massive and important it is, why do you think we’ve paid so little attention to the deep ocean? It took a really long time for people to understand that there is life throughout the entire water column. When you hit the seafloor, there’s a whole other ecosystem that extends even below the seafloor. So, this vast, vast, vast, vast majority of our world is down there in the dark.

Persons: Casey, Vescovo Locations: Hawaii, Bahamas, Hudson

☆ OceanGate's cofounder wants to send 1,000 people to a floating colony on Venus by 2050, and says we shouldn't stop pushing the limits of innovation
▼ + stars: | 2023-07-28 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +9 min

By 2050, he would like to see 1,000 humans living in the sulfuric acid clouds of Venus. The businessman's latest — and possibly grandest — endeavor is to send 1,000 humans to live in Venus' atmosphere by 2050. Söhnlein hasn't let the recent events dampen his ambition and claims humanity needs to continue pushing the limits of innovation. Sending humans to Earth's evil twinThough it's often called "Earth's twin," Venus doesn't seem like the ideal place for humans to thrive. The Titan submersible.

Persons: Guillermo Söhnlein, Stockton Rush, Söhnlein hasn't, Söhnlein, shouldn't, OceanGate, Rush, Shannon Stapleton, Khalid Al, Ali, Elon Musk, Mark Zuckerberg, we'd, Andrew Coates, Coates Organizations: Service, OceanGate Expeditions, NASA, Anadolu Agency, Getty Images, Venus, Stockton Rush, Reuters, Innovation, Rush, University College's, Science Laboratory Locations: Wall, Silicon, Söhnlein, Stockton

☆ Wealthy travelers are chartering yachts for millions of dollars a week to see extreme destinations like Antarctica
▼ + stars: | 2023-07-27 | by ( Brittany Chang | ) www.businessinsider.com time to read: +1 min

EYOS Expeditions offers wealthy travelers yacht charters to explore remote and desirable destinations. Travelers can charter these yachts and receive a curated vacation itinerary for up to millions of dollars a week. EYOS has seen a rising interest in vacations to destinations like Antarctica. After news about the Titan submersible tragedy, there's a good chance you've judged wealthy travelers who want to blow their money on risky vacations to remote destinations. Travelers with ultra-deep pockets and an extreme travel itch to scratch have been turning to another option: EYOS Expedition.

Persons: EYOS Organizations: EYOS Expeditions, Morning Locations: Antarctica

☆ James Cameron denies Titanic submersible movie speculation
▼ + stars: | 2023-07-17 | by ( Lisa Respers France | ) edition.cnn.com time to read: +1 min

CNN —James Cameron is not working on a project tied to the OceanGate submersible tragedy. “I don’t respond to offensive rumors in the media usually, but I need to now,” Cameron tweeted. Hamish Harding, Shahzada Dawood, Suleman Dawood, Paul-Henri Nargeolet and Stockton Rush perished as they attempted to reach the historic the ship wreckage in a submersible known as the Titan. Cameron told CNN at the time that he had suspected an implosion had occurred. CNN has reached out to reps for Cameron for additional comment.

Persons: James Cameron, Oscar, ” Cameron, “ I’m, Cameron, Hamish Harding, Shahzada Dawood, Suleman Dawood, Paul, Henri Nargeolet, Stockton Rush Organizations: CNN, Twitter, Stockton

☆ Opinion | Amanda Gorman: In Memory of Those Still in the Water
▼ + stars: | 2023-07-15 | by ( Amanda Gorman | ) www.nytimes.com time to read: +2 min

Panicking people stepped on each other in the dark, desperately using each other to come up for air, to stay alive. At the water’s surface, some clung to pieces of wood, surrounded by drowned friends, relatives and strangers. As the headline on another Times story, by Richard Pérez-Peña, put it: “5 Deaths at Sea Gripped the World. Hundreds of Others Got a Shrug.”Refugees and migrants dying while trying to cross the Mediterranean in search of safety is not new. The United Nations estimates that more than 27,000 migrants have died or gone missing in the Mediterranean since 2014.

Persons: Adriana, torturous, Richard Pérez Organizations: BBC, The New York Times, Coast Guard, ”, The United Nations Locations: Greece, African

Vertical thrusters Horizontal thruster Viewport Horizontal thruster Vertical thrusters Horizontal thruster Viewport Horizontal thruster Titanium hemisphere Carbon fiber cylinder Titanium hemisphere Titanium hemisphere Carbon fiber cylinder Titanium hemisphereTitan had several cost-saving departures from proven submersible designs. And Titan’s carbon fiber cylinder was attached to titanium hemispheres, creating several joints of dissimilar materials that are challenging to bond properly. Titan Hull The pressure applied to a pill shape is distributed disproportionately and may cause collapse similar to a soda can being crushed. Titan The Polar Prince towed the Titan submersible through a harbor in St. John’s, Newfoundland, in May. Dolores Harvey/Alamy Alvin Alvin is brought out to sea aboard a scientific ship like Atlantis, shown here lifting Alvin over the water.

Persons: Hull, Alvin Hull, OceanGate, Oisin Fanning Alvin, Alvin, Tim Foecke, ”, Foecke, Rush, Arnie Weissmann, Dolores Harvey, Alvin Alvin, Andrew Von Kerens, submersibles, Alfred S, McLaren, Navy submariner, Kedar Kirane, Mr, Kirane Organizations: Titan, The New York Times, Oceangate, Oceanographic, Alvin, Stockton Rush, Travel, Explorers Club of New Locations: St, John’s, Newfoundland, Navy, Explorers Club of New York City

☆ New Map Shows Titan Submersible Debris’s Proximity to Titanic Wreck
▼ + stars: | 2023-07-10 | by ( William J. Broad | More About William J. Broad | ) www.nytimes.com time to read: +1 min

The company that possesses the exclusive salvage rights to the Titanic shipwreck and the ship’s artifacts filed in federal court on Saturday a map of the surrounding seabed that shows where searchers found the twisted remains of the Titan submersible. The map, a mosaic of sonar images that were annotated by experts at the company, RMS Titanic Inc., helps indicate how close the craft was to its intended destination when disaster struck. The vehicle very likely imploded on the morning of Sunday, June 18, killing all five crew members. RMS Titanic’s director of underwater research was on the last dive of the tourist submersible as a guest of Titan’s owner, OceanGate. The seabed map, attached to a legal filing as an exhibit, shows the ghostly outline of Titanic’s bow section.

Organizations: Titan, Titanic Inc

☆ OceanGate Suspends Operations After Titan Submersible Implosion That Killed 5
▼ + stars: | 2023-07-06 | by ( Talal Ansari | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/oceangate-suspends-all-operations-after-titan-submersible-implosion-that-killed-5-a1b0dd26

Persons: Dow Jones

☆ Billionaire investor Ray Dalio says deep-sea exploration is no riskier than driving a car if safety standards are met
▼ + stars: | 2023-07-06 | by ( Joseph Wilkins | ) www.businessinsider.com time to read: +4 min

Deep-sea expeditions are "very safe" as long as established safety protocols are followed, Ray Dalio said. "Diving in a classed submersible is no more risky than taking a commercial flight or driving in a car," he said. The billionaire investor is the founder of nonprofit initiative OceanX, which is currently planning explorations in Norway's fjords, the Red Sea and the Indian Ocean. But billionaire investor Ray Dalio, also the founder of the nonprofit ocean exploration initiative OceanX, has pushed back against the paranoia. As author of 'Principles', a guide to his management and investment philosophy, Dalio often weighs in on financial and economic matters.

Persons: Ray Dalio, —, Hamish Harding, Dalio, OceanX, Dalio's, Mark Dalio Organizations: Service, Bridgewater Associates, OceanGate, Stockton Rush, Bridgewater, Forbes Locations: British, Azores, India, China

☆ Titanic sub operator suspends expeditions after deadly implosion
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +1 min

The company did not elaborate beyond a red banner at the top of its website: "OceanGate has suspended all exploration and commercial operations." OceanGate had planned two expeditions to the century-old Titanic ruins, located in a remote corner of the North Atlantic, for June 2024, its website showed. The U.S. Coast Guard last week recovered presumed human remains and debris from the submersible, known as the Titan, after searching the ocean floor. Examination of the debris is expected to shed more light on the cause of the implosion. Its remains were found four days later, littering the seabed about 1,600 feet (488 meters) from the bow of the Titanic wreck.

Persons: OceanGate, Rami Ayyub, Doina Organizations: U.S . Coast Guard, Thomson Locations: U.S

☆ OceanGate suspends all exploration and commercial operations after Titan implosion
▼ + stars: | 2023-07-06 | by ( Minyvonne Burke | Austin Mullen | ) www.cnbc.com time to read: +4 min

OceanGate said it is suspending all exploration and commercial operations weeks after its submersible imploded near the Titanic wreckage site killing all five people on board. "OceanGate has suspended all exploration and commercial operations," it read. The Transportation Safety Board of Canada launched a safety investigation into the incident. The Transportation Safety Board of Canada said its investigation will focus on finding "all causal and contributing factors" in the incident "without attributing blame or civil or criminal liability." The National Transportation Safety Board will investigate what happened and issue any safety recommendations to prevent a similar tragedy from happening in the future.

Persons: OceanGate, Hamish Harding, Paul Henry Nargeolet, Shahzada Dawood, Suleman, Azmeh Dawood, Brian Weed, Weed, Josh Gates, Tom Costello, Colin Taylor, Aaron Newman, —, — Doha Madani, Daniel Arkin, Marlene Lenthang, Melissa Chan Organizations: OceanGate Expeditions, Stockton Rush, Transportation Safety Board of Canada, NBC News, Titan, Transportation Safety Board, Canada, Transportation Locations: Port, Everett, Everett , Washington, British, French, Canadian, OceanGate, — Doha

☆ OceanGate, Operator of the Titan Submersible, Suspends Operations
▼ + stars: | 2023-07-06 | by ( Christine Hauser | More About Christine Hauser | ) www.nytimes.com time to read: +1 min

OceanGate Expeditions said it had “suspended all exploration and commercial operations” after its Titan submersible presumably imploded during a dive to explore the wreckage of the Titanic last month, killing the company’s founder and four other people. The company, which is based in Everett, Wash., made the announcement at the top of its website, above footage of previous Titanic explorations and a link to learn more about how to “explore the world’s most famous shipwreck.”It was not clear when the message was added to the company’s website. There were no further details from the OceanGate, which did not immediately respond to an email. On board the lost submersible were Stockton Rush, 61, the founder and chief executive of OceanGate Expeditions, who was piloting the vessel; Hamish Harding, 58, a British businessman and explorer; Paul-Henri Nargeolet, 77, a French maritime expert; Shahzada Dawood, 48, a British Pakistani businessman; and his son, Suleman, 19.

Persons: Hamish Harding, Paul, Henri Nargeolet, Shahzada Dawood, Suleman Organizations: OceanGate Expeditions, Stockton Rush Locations: Everett, Wash, British, British Pakistani

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☆ A Subway in Georgia removed a sign that appeared to mock the Titan submersible disaster, joking that its 'subs don't implode'
▼ + stars: | 2023-07-04 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

A Subway store in Georgia had to remove a roadside sign that said "our subs dont implode." Subway said it had told the franchisee "that this kind of comment has no place in our business." Subway didn't immediately respond to Insider's request for comment, made outside of normal working hours. During a trip to view the wreck of the Titanic on June 18, the Titan, the submersible, lost communication with its mothership. Though some commenters on Twitter and Reddit said they found the Subway sign funny, others slammed it as being insensitive.

Persons: —, –, Reddit Organizations: Service, Subway, Fox News, US Coast Guard, Twitter Locations: Georgia, Savannah , Georgia

☆ Fact Check-Photo showing GameStop ‘Titan Deals’ promotion is fabricated
▼ + stars: | 2023-07-03 | by ( Reuters Fact Check | ) www.reuters.com time to read: +3 min

Examples of users sharing the fake promotion, with a GameStop logo visible at the bottom, can be seen (here) and (here). Some users responding to posts commented on the reference to the Titan (here), which was reportedly operated with a Logitech F710 wireless game controller (here). GameStop does sell Subnautica, an underwater exploration video game series, according to the retailer’s website (here). Another version of the altered photo in some posts has the logo of MediaMarkt, not GameStop, at the bottom (here). The photo of an alleged GameStop promotion is fabricated.

Persons: MediaMarkt, Susanne Killian, “, ” Killian, ”, Killian, Den, Read Organizations: GameStop, Logitech, Titan, MediaMarktSaturn Retail, Reuters Locations: Netherlands, German, Roermond, tinyurl.com, Den Haag

☆ These are the 9 safety concerns an ex-OceanGate worker raised with Stockton Rush about the Titan sub, including fears about its carbon-fiber hull, report says
▼ + stars: | 2023-07-03 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +5 min

An ex-OceanGate worker reportedly raised at least nine Titan safety concerns with CEO Stockton Rush. They included fears the carbon-fiber hull could come apart with repeated dives, per The New Yorker. Experts believe the vessel's carbon-fiber hull may have failed first when the submersible imploded and the five people on board, including Rush, died. He also said in a lawsuit that he reported in 2018 that the submersible's safety could be compromised by poor "quality control and safety" protocols that "paying passengers would not be aware" of. Rush had defended the safety of the submersible and repeatedly criticized what he saw as overly safety regulations blocking innovation.

Persons: David Lochridge, —, Lochridge, Rush, Glue, OceanGate Organizations: Stockton Rush, Service, Titan, Yorker, OceanGate Expeditions Locations: OceanGate

☆ OceanGate threatened to sue its former chief pilot in 2018 unless he withdrew allegations that he'd been fired in retaliation for raising safety concerns, says report
▼ + stars: | 2023-07-03 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

David Lochridge claimed he was fired in retaliation for raising safety concerns about the sub. Lochridge was fired in 2018 after a meeting with OceanGate CEO Stockton Rush, where they discussed safety. David Lochridge, OceanGate's former chief pilot, was fired in January 2018 after a meeting with OceanGate CEO Stockton Rush. The meeting was about safety concerns Lochridge raised in a report about the submersible, which was previously called the Cyclops II, the report said. In his safety report in January 2018, Lochridge pointed to alleged issues that were either defects or unproven, The New Yorker reported.

Persons: OceanGate, David Lochridge, Lochridge, —, Rush, Rob McCallum, Thomas Gilman, Gilman, McCallum, Insider's Tom Porter Organizations: Stockton Rush, Service, Yorker, Titan, US Department of Labor, Occupational Safety, Health Administration, OSHA, Rush Locations: Lochridge

Lochridge worked as an independent contractor for OceanGate in 2015, then as an employee between 2016 and 2018, CNN has reported. He soon became tangled in litigation with OceanGate, claiming he was wrongfully terminated for raising concerns about the safety and testing of the Titan. “There’s no way on earth you could have paid me to dive the thing,” Lochridge continued. McCallum, a divemaster who has led expeditions to the Titanic, warned Rush in 2018 about the safety of the Titan submersible, telling the CEO he was putting himself and his clients in danger, CNN previously reported. Salvaged pieces of the Titan submersible from OceanGate Expeditions arrive Wednesday in St. John's, Newfoundland and Labrador, via the Horizon Arctic ship.

Persons: CNN —, ” David Lochridge, Lochridge, ” Lochridge, Rob McCallum, “, McCallum, Rush, David Hiscock, –, Hamish Harding, Paul, Henri Nargeolet, Shahzada Dawood, Suleman Dawood Organizations: CNN, OceanGate, Stockton Rush, New Yorker, Titan, OceanGate Expeditions Locations: North, New, St, John's, Newfoundland, Labrador, British, French

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