OceanGate Ceases Ocean Exploration Following Submersible Disaster

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OceanGate Ceases Ocean Exploration Following Submersible Disaster
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It's probably for the best.

The doomed submersible, piloted by OceanGate CEO Stockton Rush, was declared missing on June 18, when it lost contact less than two hours into its 12,500-foot descent to the wreck of the Titanic.

After a four-day international search effort, remnants of the vessel were discovered near the site of the ruined ship, and as of last week,was recovered by the US Coast Guard, who have since launched an investigation. OceanGate did not elaborate on its decision to cease operations, but its website, where the announcement was made, still advertises its $250,000 expeditions.Though an official conclusion is pending, many alarming details surrounding the submersible's safety have already come to light — and none of them look good for OceanGate and its late CEO, who appears to have ignored countless warning signs.on the submersible's "catastrophic" problems.

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