Billionaire plans new trips to Titanic wreck to prove dives are safe after OceanGate disaster

28 May 2024, 09:44 | Updated: 28 May 2024, 09:49

The wreckage of the doomed OceanGate Titan sub after the disaster that killed everyone on board
The wreckage of the doomed OceanGate Titan sub after the disaster that killed everyone on board. Picture: Alamy

By Asher McShane

A US billionaire is planning another expedition to the wreckage of the Titanic to prove the safety of future sightseeing tours to the oceans’ depths.

Listen to this article

Loading audio...

Real estate magnate Larry Connor, from Ohio, said he wants to “show people worldwide that while the ocean is extremely powerful, it can be wonderful and enjoyable and really kind of life-changing if you go about it the right way.|

He gave an interview to the Wall Street Journal describing his plans - which include a $20 million craft named the Triton 4000/2 Abyssal Explorer.

He said his craft will be capable of repeat dives to the Titanic.

“You couldn’t have built this sub five years ago,” he said.

The Titan sub that imploded on the way down to the wreck
The Titan sub that imploded on the way down to the wreck. Picture: Alamy

His comments come nearly a year after the fatal implosion of OceanGate’s Titan sub - which had been headed to the Titanic site when it suffered a “catastrophic” failure in the deep, killing everyone on board.

Mr Connor told the Wall Street Journal that a few days after the Titan disaster, he called  Triton Submarines co-founder Patrick Lahey and urged him to build a better craft.

“[He said], you know, what we need to do is build a sub that can dive to [Titanic-level depths] repeatedly and safely and demonstrate to the world that you guys can do that, and that Titan was a contraption,’” Lahey told the paper.

OceanGate boss Stockton Rush died in the disaster along with everyone else on board
OceanGate boss Stockton Rush died in the disaster along with everyone else on board. Picture: Alamy

OceanGate boss Stockton Rush, billionaire explorer Hamish Harding, French Titanic expert Paul-Henri Nargeolet and Pakistani businessman Shahzada Dawood and his 19-year-old son, Sulaiman, died instantly when the Titan imploded under the pressure of the Atlantic Ocean last year.

The new craft, nicknamed 4,000 after the depth in metres it can reach, costs $20m.

Triton co-founder Mr Lahey was among industry figures who criticised OceanGate both before and after the Titan sub disaster.

Following the implosion, he called OceanGate CEO Stockton Rush's strategy for getting people on board "quite predatory."

More Latest News

See more More Latest News

Exclusive
Wes Streeting has said Labour would simplify the gender transition process

Labour will 'simplify burdensome and bureaucratic' gender transition process, Wes Streeting says

Hosts of Izmir Wildlife Park

Mother in 'serious condition' after being viciously mauled by wolf pack during jog through safari park

x

Tory Party not sure if Craig Williams had insider knowledge on election or whether it was 'just a hunch', says minister

Tamayo Perry was killed in a shark attack.

Pirates of the Caribbean star mauled to death by shark while surfing in Hawaii

Debbie Duncan with Jay Slater

'I hope I'm not taking him home in a body bag': Jay Slater's mum feels 'let down' by conspiracy theories about her son

Manchester Airport

Manchester Airport flights to 'run as usual' on Monday after mass cancellations following power cut

Barcelona is set to crack down on Airbnbs

Barcelona announces plans to ban holiday rentals for tourists from 2028

Two murder arrests after body of man pulled from lake at holiday park

Man and woman arrested on suspicion of murder after body pulled from lake at holiday park

Live
Keir Starmer on the campaign trail.

General Election LIVE: Labour to 'simplify' gender transition process as betting scandal puts pressure on Sunak

Heath alert issued for most of England as temperatures set to rise

Heat health alert to be issued for most of England as temperatures to soar amid fears for NHS

Boris Johnson has accused Nigel Farage of a "morally repugnant" repetition of Vladimir Putin's justification for the invasion of Ukraine

Boris Johnson blasts Nigel Farage for spreading 'Kremlin propaganda' over Russian invasion of Ukraine

Hungary's Kevin Csoboth, bottom, shoots past Scotland's goalkeeper Angus Gunn, top, during a Group A match between Scotland and Hungary at the Euro 2024 soccer tournament in Stuttgart, Germany, Sunday, June 23, 2024. (AP Photo/Ariel Schalit)

Scotland knocked out of Euro 2024 following Hungary's 100th-minute goal as collision sees star stretchered off

Election betting scandal widens to include 'family and friends' of senior Tories

Election betting scandal widens to include 'family and friends' of senior Tories

Terror in Russia: Gunmen open fire at two synagogues killing six police before slitting priest's throat at Orthodox Church

Terror in Russia: Gunmen open fire at synagogue and Orthodox churches killing 15 police officers

Detective who probed Nicola Bulley offers services to Jay Slater's family as search for teen enters its second week

Investigator who probed Nicola Bulley offers services to Jay Slater's family as search targets remote buildings

M50 motorway Dublin

'Miracle' as schoolboy, 12, 'lucky to be alive' after toppling from toilet of moving coach onto motorway