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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

At 11:40 p.m. on April 14, an iceberg was spotted 400 nautical miles south of Newfoundland, Canada, but it was too late for the ship to change course. Universal History Archive/Getty ImagesThe two lookouts, Fredrick Fleet and Reginald Lee, failed to spot the iceberg in time. Their binoculars were also locked in a cabinet, which meant the lookouts were tasked with spotting icebergs using their eyes alone. The Titanic attempted to avoid the iceberg, but it failed to turn in time. As the ship scraped the iceberg, it tore a hole in the side of the ship, rupturing at least five of the watertight compartments.

Persons: Reginald Lee, Lee Locations: Newfoundland, Canada

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

☆ The incredible life of Titanic's youngest survivor, who lived to 97 and refused to see James Cameron's movie
▼ + stars: | 2023-09-01 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: +1 min

Millvina Dean was only 9 weeks old when her family boarded the Titanic in 1912. She never publicly spoke about the Titanic until September 1, 1985, when the wreck was found. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Among those passengers was Millvina Dean, who was just 2 months old when the ship went down.

Persons: Millvina Dean, —, Dean Organizations: Service

☆ Christine Dawood, whose husband and son died aboard the Titan sub, recounts her husband's eagerness to photograph the ocean floor: 'He was like a vibrating toddler'
▼ + stars: | 2023-07-02 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Christine Dawood recounted to The New York Times the excitement that her husband had for the Titan trip. "He was like a vibrating toddler," she told the Times of her husband, businessman Shahzada Dawood. Christine lost her husband along with their son, 19-year-old Suleman Dawood, during the ill-fated expedition. "He was like a vibrating toddler," Christine told the newspaper of her husband. Christine told the Times.

Persons: Christine Dawood, Shahzada Dawood, Christine, Suleman Dawood, —, Hamish Harding, Paul, Henri Nargeolet —, Suleman, Shahzada, OceanGate Christine Organizations: The New York Times, Times, Service, Stockton Rush, Nikon, Titan, Titanic, US Coast Guard, The Times Locations: British

☆ Famous figures who had Titanic tickets but didn't make it on board
▼ + stars: | 2023-06-28 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: +1 min

As the Titanic was the height of luxury in 1912, some celebrities had tickets for its maiden voyage. But not all of them ended up boarding the ship. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe sinking of the Titanic in April 1912 still captivates us today, with numerous books, a multibillion-dollar movie, museums, and, controversially, expensive tours of the wreckage available.

Persons: Pierpont Morgan, Milton Hershey, —, didn't — Organizations: Service

☆ 3 reasons why the Titanic will never be raised
▼ + stars: | 2023-06-26 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +6 min

The Titanic sank in 1912, and ever since people have wanted to salvage it. Its lack of structural integrity is just one of three main reasons why the Titanic is destined to remain sunk forever. The Titanic wreck site is a gravesiteApproximately 1,500 people lost their lives in the sinking of the Titanic. "NOAA recognizes the Titanic wreck site as a maritime memorial and supports Article 4(1) of the 'Agreement Concerning the Shipwrecked Vessel R.M.S. "Captain's bathtub is a favorite image among the Titanic enthusiasts, and that's now gone," Titanic historian Parks Stephenson said in a statement in 2019.

Persons: it's, —, Daniel Stone, Monica Allen, James Cameron, who's, Eva Hart, rusticles, Halomonas, Lori Johnston, Clare Fitzsimmons, Captain Edward Smith's, that's, Parks Stephenson, Xavier Desmier, Charles Smith, Ethan Miller Organizations: Service, NOAA, Titanic Inc, CBS News, New York Times, Titanic, Institute for Exploration, University of Rhode, Materials, USA, Newcastle University, BBC, Costa Concordia, Architectural Locations: Britain, University of Rhode Island, Las Vegas, Luxor, It's

June 22 (Reuters) - Movie director and submersible maker James Cameron said on Thursday he wishes he had sounded the alarm earlier about the submersible Titan that imploded on an expedition to the Titanic wreckage, saying he had found the hull design risky. He is part of the small and close-knit submersible community, or Manned Underwater Vehicle (MUV) industry. I wish I'd spoken up, but I assumed somebody was smarter than me, you know, because I never experimented with that technology, but it just sounded bad on its face," Cameron told Reuters in a Zoom interview. The sub imploded," Cameron said. The five who died mark the first deep-sea fatalities for the industry, Cameron said.

Persons: James Cameron, Cameron, Oscar, OceanGate, We've, Rollo Ross, Daniel Trotta, Leslie Adler Organizations: Triton Submarines, Vehicle, Reuters, American Bureau of Shipping, U.S . Coast Guard, Navy, Wall Street, Thomson Locations: U.S

☆ What is a catastrophic implosion? What to know about the Titan submersible disaster
▼ + stars: | 2023-06-23 | by ( Jessie Yeung | ) edition.cnn.com time to read: +8 min

CNN —What was supposed to be a 10-hour journey to the Titanic shipwreck ended in tragedy, with all five passengers on the missing submersible killed in a catastrophic implosion. An underwater implosion refers to the sudden inward collapse of the vessel, which would have been under immense pressure at the depths it was diving toward. It’s unclear where or how deep the Titan was when the implosion occurred, but the Titanic wreck sits nearly 13,000 feet (almost 4,000 meters) below sea level. The submersible was about 1 hour and 45 minutes into the roughly 2 hour descent when it lost contact. But the submersible had only been equipped with 96 hours of oxygen, setting Thursday as a key target to locate and retrieve the submersible.

Persons: Rick Murcar, Aileen Maria Marty, “, ” What’s, ”, Tom Maddox, It’s, OceanGate, Stockton, ” Rush, Rush, Hamish Harding, Paul, Henri “, Nargeolet, Shahzada Dawood, Suleman Dawood, Dawood Hercules, Hussain Dawood, Kulsum Dawood Organizations: CNN, US Navy, Titan, National Association of Cave, Naval, Florida International University, US Coast Guard, Forensic Investigators, Maritime Horizon Services, Maritime, Navy, OceanGate Expeditions, Stockton Rush, Princeton, United Arab Emirates, Action Aviation, Titanic Inc, French Navy, Dawood Hercules Corp Locations: Newfoundland, Canada, British, French

☆ The alma mater of a British billionaire trapped on the Titan sub played 'My Heart Will Go On' at a ball while he's missing
▼ + stars: | 2023-06-22 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +2 min

Hamish Harding's alma mater hosted an under-the-sea-themed ball on Wednesday and played "My Heart Will Go On" at the event. Harding is one of five people trapped on the sunken Titan submersible. The Pembroke May Ball Committee apologized after the fact. The billionaire, Hamish Harding, is a Pembroke alumnus and one of five people trapped on the lost submersible. The May Ball Committee added that they chose the "Into the Depths" theme of the ball "many months ago," and that "if we could change it now, we would."

Persons: Hamish Harding's alma mater, Harding, —, Celine Dion's, Hamish Harding, Ball, Harding's, Brian Szasz, hasn't, Hamish, Haven't Organizations: Pembroke, Service, Titan, University of Cambridge, Coast Guard Locations: British, Pembroke, England

☆ Rescuers make last desperate push as final hours of oxygen on missing Titanic submersible tick down
▼ + stars: | 2023-06-22 | by ( ) www.cnbc.com time to read: +7 min

An undated photo shows tourist submersible belongs to OceanGate begins to descent at a sea. But the crew had only a four-day oxygen supply when the vessel, called the Titan, set off around 6 a.m. Sunday. The full area being searched was twice the size of Connecticut in waters as deep as 13,200 feet (4,020 meters). "This is a search and rescue mission, 100%," he said Wednesday. An undated photo shows tourist submersible belongs to OceanGate begins to descent at a sea.

Persons: OceanGate, Captain Jamie Frederick, Donald Murphy, Frederick, Carl Hartsfield, Frank Owen, Owen, Arthur Loibl, Capt, Jamie Frederick, Scott Eisen, Rush, Jeff Karson, Karson Organizations: US Coast Guard, OceanGate, Anadolu Agency, Getty, First Coast Guard District, Coast, Patrol, Navy, Oceanographic Systems Laboratory, U.S . Navy, Stockton Rush, OceanGate Expeditions, U.S, U.S . Coast Guard, CBC, Syracuse University Locations: Boston, Canada, Connecticut, Atlantic, U.S, British, St, John's, Norfolk , Virginia, Germany, Cape Cod, Boston , Massachusetts

☆ 'Titanic' director James Cameron sees parallel between the Titan submersible tragedy and the Titanic disaster, when the captain repeatedly ignored warnings about an incoming iceberg
▼ + stars: | 2023-06-22 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

Debris from the missing Titan submersible was found on Thursday. James Cameron told ABC News that the incident is similar to how the Titanic captain ignored warnings about the iceberg. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementDirector James Cameron, who performed extensive research to film his blockbuster 1997 epic, "Titanic," said he sees parallels between the missteps that led to the fate of the Titan submersible and the infamous RMS Titanic shipwreck. Debris from the missing Titan sub was discovered Thursday after an intense four-day search.

Persons: James Cameron, —, Cameron, I'm, Captain Edward J, Smith Organizations: Titan, ABC News, Service, US Coast Guard, Marine Technology Society, New York Times, Geographic, Atlantic, National Geographic, Stockton Rush

The minivan-sized submersible Titan, operated by U.S.-based OceanGate Expeditions, began its descent at 8 a.m. (1200 GMT) on Sunday. The Titan set off with 96 hours of air, according to the company, meaning its oxygen tanks would likely be depleted some time on Thursday morning. "When you're in the middle of a search-and-rescue case, you always have hope," Coast Guard Captain Jamie Frederick said at a press conference on Wednesday. Titanic expert Tim Maltin said it would be "almost impossible to effect a sub-to-sub rescue" on the seabed. The robot could also help hook the sub to a surface ship capable of lifting it, the operator said.

Persons: Jamie Frederick, Frederick, Atalante, Victor, Hamish Harding, Shahzada Dawood, Suleman, Paul, Henri Nargeolet, Sean Leet, Leet, Tim Maltin, OceanGate's, Steve Gorman, Joseph Ax, Tim McLaughlin, Rami Ayyub, Tyler Clifford, Louise Dalmasso, Daniel Trotta, Brad Brooks, Ariba Shahid, Paul Thomasch, Nick Zieminski, Sandra Maler, Raju Gopalakrishnan Organizations: Co, U.S, Expeditions, Atlantic, U.S . Coast Guard, Coast Guard, Guard, U.S . Navy, Stockton Rush, Horizon Maritime Services, Thomson Locations: Canada, France, U.S, Cape Cod , Massachusetts, St, John's, Newfoundland, French

☆ Owner of missing Titanic sub says crew has died -CNN
▼ + stars: | 2023-06-22 | by ( ) www.reuters.com time to read: 1 min

June 22 (Reuters) - The owner of the submersible that went missing during a tourist expedition to the Titanic's wreckage says that the crew on board have "sadly been lost", CNN reported on Thursday. "We grieve the loss of life," CNN reported OceanGate as saying. Reporting by Rami Ayyub in Washington; Editing by Eric BeechOur Standards: The Thomson Reuters Trust Principles.

Persons: OceanGate, Rami Ayyub, Eric Beech Organizations: CNN, Thomson Locations: Washington

From OceanGate/FILEThe missing submersible is a small vessel designed to only hold five people for a day — two hours down, several hours exploring the Titanic and two hours back to the surface. Last year, the founder of tour operator OceanGate Expeditions showed a CBS team the inside of a submersible used to visit the Titanic's wreckage. The CBS video shows a small chamber, with about as much space as a minivan. There's only one small toilet in the vessel's front, which "doubles as the best seat in the house," according to an OceanGate webpage that's no longer available. It added that when the toilet is being used, they install a privacy curtain "and turn the music up loud."

Organizations: OceanGate Expeditions, CBS

☆ Underwater noises heard in frantic search for submersible missing with 5 aboard near Titanic
▼ + stars: | 2023-06-21 | by ( ) www.cnbc.com time to read: +3 min

Search and rescue operations continue by US Coast Guard in Boston after a tourist submarine bound for the Titanic's wreckage site went missing off the southeastern coast of Canada. A Canadian military surveillance aircraft detected underwater noises as a massive search continued early Wednesday in a remote part of the North Atlantic for a submersible that vanished while taking five people down to the wreck of the Titanic. The Coast Guard wrote on Twitter that a Canadian P-3 Orion had "detected underwater noises in the search area." "The data from the P-3 aircraft has been shared with our U.S. Navy experts for further analysis which will be considered in future search plans," the Coast Guard said. However, no official has publicly suggested that's the case and noises underwater can come from a variety of sources.

Persons: OceanGate, Stone, Richard Garriott de Cayeux Organizations: US Coast Guard, U.S . Coast Guard, Stockton Rush, Coast Guard, Twitter, Orion, Searchers, U.S . Navy, Guard, U.S . Department of Homeland, The Explorers, Titanic, U.S ., White House, U.S, U.S . Air Mobility Command Locations: Boston, Canada, British, Canadian, Buffalo , New York, St, John's, Newfoundland

☆ The Titanic is slowly but surely disappearing — here's what the wreck looks like now
▼ + stars: | 2023-06-20 | by ( Aylin Woodward | Azmi Haroun | ) www.businessinsider.com time to read: +2 min

The Titanic sank on April 15, 1912, after it hit an iceberg during its maiden voyage from England to New York. Since then, dozens of manned and unmanned submersibles have visited and photographed the Titanic's disintegrating body on the sea floor — and some have gone missing en route. The ship had been on its maiden voyage to New York City, but hit an iceberg about 400 miles from Newfoundland. Since then, dozens of manned and unmanned submersibles have visited the Titanic's underwater remains. In fact, scientists think the entire shipwreck could vanish by 2030 due to bacteria that's eating away at the metal.

Persons: — Organizations: Service, US Navy, Triton Submarines Locations: England, New York, New York City, Newfoundland .

☆ Magellan, the company that mapped the Titanic wreck, is trying to scramble its deep-sea scanning equipment to help locate the lost sub
▼ + stars: | 2023-06-20 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

Magellan, which helped develop visuals of the Titanic, said it's trying to help find the lost sub. "We are ready to support, and we are fully mobilised to help," Magellan said on its site. OceanGate runs the Titan submersible to take trips to the Titanic's wreck in the Atlantic Ocean. The equipment it is trying to bring in are those that helped produce the Titanic wreck images, the Magellan's David Thompson said to CNN. "We are ready to support, and we are fully mobilised to help," Magellan said on its site.

Persons: it's, Magellan, OceanGate, James Cameron's, David Thompson Organizations: US Coast Guard, Atlantic Productions, The Coast Guard, CNN, Magellan Locations: John's, Newfoundland, Canada, Cape Cod , Massachusetts

Those aboard the submersible called Titan, the highlight of a tourist expedition that costs $250,000 per person, included British billionaire Hamish Harding and Pakistani businessman Shahzada Dawood with his son Suleman. The wreckage of the Titanic that sank in 1912 after hitting an iceberg lies at about 12,500 feet (3,810 metres). OceanGate Expeditions, the private company that operates the submersible, said it was "mobilizing all options" to rescue those aboard the Titan. Reuters GraphicsBILLIONAIRE ABOARDThe expeditions to the Titanic start in St. John's, Newfoundland, before heading out about 400 miles (640 km) into the Atlantic to the wreckage site, OceanGate's website says. Harding's stepson later wrote on Facebook that Harding had "gone missing on submarine" and asked for "thoughts and prayers".

Persons: Hamish Harding, Shahzada Dawood, Suleman, Paul, Henri Nargeolet, John Mauger, Harding, Dawood, Joseph Ax, Kanishka Singh, Ismail Shakil, Edmund Blair, Janet Lawrence Organizations: Discovery, U.S . Coast Guard, Stockton Rush, Expeditions, Twitter, Reuters Graphics, Action Aviation, Facebook, Engro Corporation, SETI, Thomson Locations: Nova Scotia, Canada, U.S, ., Cape Cod, St, John's, Newfoundland, UAE, California, Britain, Washington, Shahid, Karachi

☆ Factbox: The challenges of recovering the Titanic submersible
▼ + stars: | 2023-06-20 | by ( ) www.reuters.com time to read: +2 min

June 20 (Reuters) - A submersible vessel taking tourists on a deep ocean journey to view the wreckage of the Titanic has been missing since Sunday. INHOSPITABLE TERRAINIf the craft is on the ocean floor, it would be nearly impossible to rescue, experts say. The Titanic wreck is 2.5 miles below the surface. If the submersible is on the ocean floor, experts say that a sub-to-sub rescue is unlikely. Only a handful of submersible craft exist that could reach the depths of the Titanic wreck.

Persons: Tim Maltin, Jamie Pringle, Aiden Nulty, Brad Brooks, Donna Bryson, Nick Zieminski Organizations: IT, Keele University, Thomson Locations: Connecticut, Belgium, Britain, London, Lubbock , Texas

☆ Rare footage of Titanic wreckage shot in 1986 released
▼ + stars: | 2023-02-15 | by ( Brendan O'Brien | ) www.reuters.com time to read: +2 min

The footage from Woods Hole Oceanographic Institution (WHOI) was shot about 2 miles (3 km) below the ocean's surface, just months after explorers found the wreckage in 1985. Since the discovery, several documentaries about the Titanic have showed footage of the wreckage scene. During 11 dives in July 1986, footage was shot by cameras on a human-occupied submersible and a small remotely operated vessel that maneuvered through tight spaces. The unveiling of the footage has been timed with the re-release of director James Cameron's 1997 film "Titanic" on its 25th anniversary. "By releasing this footage, WHOI is helping tell an important part of a story that spans generations and circles the globe."

☆ The US Navy backed the hunt for Titanic in part because the explorer who found it argued it would 'drive the Soviets crazy,' book reveals
▼ + stars: | 2022-12-26 | by ( Ryan Pickrell | ) www.businessinsider.com time to read: +9 min

The hunt for the Titanic was cover for a secret Navy mission to investigate two submarine wrecks. It was also part of a psychological warfare game the US was playing with the Soviets, Ballard revealed in a 2021 book. But his most recognizable discovery was the British passenger ship Titanic that sank in the North Atlantic on April 15, 1912, ending more than 1,500 lives. "I wanted to do a bang-up job for the Navy, but I was also constantly thinking about how to find Titanic," Ballard wrote. "There it was, one of 29 boilers that had created steam for Titanic's engines," Ballard wrote in his book.

☆ The highest quality footage ever of the Titanic shows astonishing close-ups of the underwater wreck. Take a look.
▼ + stars: | 2022-09-04 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

The 'unsinkable' shipThe Titanic 2022 Expedition team's footage has already led to experts identifying astonishing new details about the doomed luxury liner. A screenshot of the 2022 Titanic Expedition footage shows a single-ended boiler that fell to the ocean's floor. Green lights from the laser scaling system on the 2022 Titanic Expedition. An OceanGate Expeditions spokesperson told Insider that the organization worked with NASA to design and engineer it. With the 2022 Titanic Expedition now completed, OceanGate Expeditions is already planning for the next trip to the wreck.

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