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With OceanGate closed for business, the market for Titanic sub tourism appeared to slam shut. One leading sub operator, eager to demonstrate that the Titan sub failed to live up to the industry standards that can make trips to the ocean floor relatively safe, is already planning its own journey to the wreckage of the Titanic, where Titan was headed before it collapsed. But in its pursuit of “increasing access to the deep ocean through innovation,” OceanGate frequently skirted regulations and pushed back against industry standards. 2) OceanGate’s sub designs were so experimental, no other commercial sub operation would ever replicate them. “The deep ocean is no place for compromise,” Triton said in its statement.
Persons: , Larry Connor, ” Connor, Stockton Rush, ” Rush, David Pogue, , don’t, Don’t, OceanGate, Ray Dalio, James Cameron, , ” Triton, Lukas Furtenbach, Philippe Brown, Brown, ” Brown Organizations: New, New York CNN, Titanic, Triton, Wall Street, WSJ, CNN, Stockton, , Triton Submarines, American Bureau of Shipping, Furtenbach Locations: New York, Austria, Hudson
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