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Titan implosion hearing paints picture of reckless greed, explorer passion

Business Standard LogoBusiness Standard7h ago

Titan implosion hearing paints picture of reckless greed, explorer passion - Business Standard

Quick Summary:

Testimony painted contrasting images of greed and hubris as OceanGate sought out well-heeled clients for its submersible made from carbon fibre a material that was untested at such depths versus modern-day explorers who carefully considered risks as they sought to open the deepest depths of the world's oceans to more people.

Witnesses testified that the company that operated an experimental deep-water submersible that imploded, killing five people, put profits over safety and ignored warning signs before the disaster.

Those different viewpoints emerged as the Coast Guard panel on Friday wraps up two weeks of testimony on the Titan disaster last year.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-27 @ 12:16:13 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 629 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22747227

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 262 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Publisher ID: #49

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