The agency that owned the submersible Titan has suspended its industrial operations, it introduced on its web site.

OceanGate mentioned it has "suspended all exploration and commercial operations" following the implosion of the car final month whereas on a voyage to the undersea wreckage of the Titanic off the coast of Canada.

The firm had deliberate two journeys to the ruins for June 2024 its web site confirmed.

All 5 folks on board have been killed, together with UK residents Hamish Harding and father and son Shahzada and Suleman Dawood, alongside OceanGate Expeditions' chief government Stockton Rush and the submersible's pilot, French nationwide Paul-Henri Nargeolet.

Presumed human stays have been recovered from the wreckage of the submersible every week in the past, together with pieces of debris from the craft.

Authorities are investigating the reason for the vessel's collapse, which has raised questions concerning the regulation surrounding such deep-sea voyages.

Read extra:What happened to the vessel?The stories of the 'true explorers' on board

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An in depth search and rescue operation - involving vessels on the water, plane and remotely operated automobiles (ROVS) underwater - had been carried out after Titan misplaced communication with the Polar Prince mom ship, an hour and 45 minutes into the two-hour descent to the Titanic on 18 June.