How much does a trip by OceanGate to see the remains of the Titanic cost?
A vessel carrying 5 people on a recent OceanGate Expeditions voyage to the Titanic wreckage has gone missing, raising concerns about safety and cost.
The wreckage of the Titanic, which sunk to the bottom of the northern Atlantic in 1915, is located 12,500 feet below sea level. Traveling to these depths is a dangerous task and was not successfully attempted until 1985.
A voyage to the site of the ship led by OceanGate Expeditions that departed on Sunday, 18 June, has gone missing, just one example of the dangers posed by attempting to venture into these unprecedented depths.
One of the passengers who is reportedly on the missing vessel is British billionaire Hamish Harding, highlighting the exclusivity of the experience and the cost associated. In September, when OceanGate began to market the trip that was to take place this summer, Market Realist’s Amber Garrett reported that the voyage had a price tag of $250,000.
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OceanGate provides a brief update on the search
The submersible lost contact with the command station only a few hours after its departure. Despite this setback, there remains hope that the passengers and crew are still alive but simply unable to communicate.
There hasn’t been much information released by OceanGate regarding the search and rescue mission. Nevertheless, the company recently shared a brief update that stated their collaboration with different government organizations to deploy more resources in order to locate the vessel.
The search continues today with support from both the Canadian and US Coast Guard.