OceanGate is putting its underwater trips to the Titanic shipwreck on hold for a year, due to difficulties encountered during deep-water testing of its submersible in the Bahamas.
The Titan sub’s first trips to the world’s most famous shipwreck had been set to start next month in the North Atlantic. This week, team leaders at the Everett, Wash.-based venture decided they couldn’t make the schedule.
“While we are disappointed by the need to reschedule the expedition, we are not willing to shortcut the testing process due to a condensed timeline,” OceanGate CEO Stockton Rush said today in a news release. “We are 100 percent committed to safety, and want to fully test the sub and validate all operational and emergency procedures before launching any expedition.”
Making the decision now gives advance notice for OceanGate’s clients, crew members, partners and affiliates to make other plans for the summer, Rush said.