OceanGate, owner of the submersible that imploded during a dive to the Titanic, suspends operations

FILE - This undated image provided by OceanGate Expeditions in June 2021 shows the company's Titan submersible. OceanGate, the company that owned the submersible that fatally imploded on its way to explore the wreck of the Titanic said Thursday, July 6, 2023 it has suspended operations. (OceanGate Expeditions via AP, File)

The company that owned a submersible that imploded on its way to explore the wreck of the Titanic, killing all five onboard, said Thursday it has suspended operations.

Investigators believe the Titan imploded as it made its descent into deep North Atlantic waters on June 18. Among those killed was Stockton Rush, the submersible's pilot and chief executive officer of the company, OceanGate.

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