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In a statement, the company said it was no longer operating, extended its condolences to relatives of the victims, and noted it has cooperated with the Coast Guard and National Transportation Safety Board investigations. Neubauer said the testimony gave important insight into the potential motivation in Rush and his company. Peter Girguis, a Harvard University professor and oceanographer who monitored the hearing, told CNN evidence of Rush’s ego-driven approach and heedlessness to repeated safety concerns appears to loom large in the disaster. Specifically, the letter alleged the language on OceanGate’s website was “confusing and misleading” and implied the Titan was “classed,” meaning certified to industry standards. The letter took issue with OceanGate’s decision not to try to get the Titan classified.

Persons: Jason Neubauer, ”, OceanGate, Stockton, Rush, Shahzada Dawood, Suleman Dawood, Hamish Harding, Paul, Henri Nargeolet, Neubauer, …, Peter Girguis, “ Stockton, ” Girguis, ” Neubauer, Karl Stanley, Stanley, ” Stanley, “, ” Donald Kramer, Stockton Rush, He’s, Amber Bay, Phil Brooks, OceanGate’s, Brooks, couldn’t, –, William Kohnen, Kohnen, ” Kohnen, ” Rush, CNN’s Dakin Andone, Eric Levenson Organizations: CNN, Coast Guard, Titan, Marine Board, Stockton Rush, Authorities, Atlantic, Marine Board of Investigation, National Transportation Safety, Harvard University, “ Stockton Rush, US Justice Department, National Transportation Safety Board, Justice Department, Stockton, Marine Technology Society, OceanGate Locations: Everett, Washington, English, Honduras, Stockton, Amber, paychecks, OceanGate, ‘, “ Stockton, North Charleston , South Carolina

☆ OceanGate employees were asked to accept delayed paychecks, witnesses tell investigators probing Titan implosion
▼ + stars: | 2024-09-24 | by ( Dakin Andone | Graham Hurley | ) edition.cnn.com time to read: +4 min

CNN —The company that built and operated the Titan submersible asked employees to forego their pay as it faced economic challenges, according to former employees testifying before the US Coast Guard panel probing the vessel’s deadly implosion last year. OceanGate employees were asked to “defer our paychecks” at the start of 2023, Amber Bay, the company’s former director of administration, said Tuesday as part of a two-week hearing before the Marine Board of Investigation – the highest level of Coast Guard inquiry. The board is reviewing the cause of the June 2023 implosion during the submersible’s dive to the Titanic, which claimed the life of OceanGate CEO Stockton Rush and four others. Members of the Coast Guard's Titan Submersible Marine Board of Investigation listen during the hearing inside the Charleston County Council Chambers on September 23, 2024, in North Charleston, South Carolina. Lochridge raised safety concerns about the company’s operations, he testified, saying he had “no confidence whatsoever” in how the Titan was built.

Persons: “, Amber Bay, ”, Rush, Phil Brooks, OceanGate’s, Brooks, Laura Bilson, OceanGate, Shahzada Dawood, Suleman Dawood, Hamish Harding, Paul, Henri Nargeolet, David Lochridge, Lochridge, ” Lochridge, CNN’s Ray Sanchez Organizations: CNN, Titan, US Coast Guard, Marine Board, Investigation, Coast Guard, Stockton Rush, Everett, Marine, Chambers, NTSB Locations: Amber, ” Bay, Stockton, Washington, paychecks, OceanGate, Charleston County, North Charleston , South Carolina, Rush

CNN —The surviving co-founder of the company that owned the doomed Titan submersible is scheduled to testify Monday as a US Coast Guard panel continues to investigate what led to the implosion that killed five people last year. The Marine Board of Investigation’s two-week hearing began September 16 and is expected to resume Monday with OceanGate co-founder Guillermo Sohnlein, who in January 2013 left the company, set to testify, the Coast Guard’s hearing schedule shows. In 2009, Sohnlein and CEO Stockton Rush launched the Washington state-based company that created the experimental 23,000-pound submersible. The submersible lost contact with its support vessel, the Polar Prince, an hour and 45 minutes into its dive on June 18, 2023. Former OceanGate director of marine operations David Lochridge, center, stands during his testimony on September 17, 2024.

Persons: OceanGate, Guillermo Sohnlein, Sohnlein, Shahzada Dawood, Suleman Dawood, Hamish Harding, Paul, Henri Nargeolet, Sohnlein’s, CNN’s Anderson Cooper, Rush, ”, ” Sohnlein, David Lochridge, Andrew J, Whitaker, ” Lochridge, Steven Ross, Ross, Antonella Wilby, Wilby, ‘, ’, ” Roy Thomas, Phil Brooks Organizations: CNN, US Coast Guard, Marine Board, Stockton Rush, Marine Board of Investigation, Coast Guard, American Bureau of Shipping Locations: Washington

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