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VisitCommercial Interest in Deep-Sea Explorations Post-Expedition
Increased Interest • 33%
Stable Interest • 33%
Decreased Interest • 34%
Public statements from companies in the industry
Dayton Billionaire Larry Connor Plans $20M Sub Dive to Titanic Site to Prove Safety After OceanGate Tragedy
May 28, 2024, 04:35 PM
Nearly a year after the OceanGate submersible tragedy that resulted in the deaths of five passengers, Ohio billionaire Larry Connor plans to take a $20 million submersible to the Titanic wreck site. Connor, a real estate investor from Dayton, aims to demonstrate that the deep-sea exploration industry is now safer. He will be accompanied by Patrick Lahey, CEO of Triton Submarines. Connor's submersible, named Triton 4000/2 Abyssal Explorer, will descend nearly 4 kilometers to the North Atlantic Ocean floor, where the Titanic rests. Connor referred to the Titan submersible involved in the OceanGate incident as a 'contraption.' This mission comes in response to the OceanGate incident, which raised significant safety concerns within the industry.
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Significantly Increased • 25%
Moderately Increased • 25%
No Change • 25%
Decreased Interest • 25%
Significantly Increased Interest • 25%
Moderately Increased Interest • 25%
Stable Interest • 25%
Decreased Interest • 25%
High interest - Multiple partnerships announced • 33%
Moderate interest - One or two partnerships announced • 34%
Low interest - No partnerships announced • 33%
High interest • 33%
Moderate interest • 34%
Low interest • 33%
Increase transparency and compliance efforts • 33%
Reconsider or reduce U.S. investments • 33%
No significant change in strategy • 34%
Increase in scrutiny and due diligence • 33%
Decrease in carbon credits purchase • 33%
No significant change in behavior • 34%
Positive market reaction • 33%
Neutral market reaction • 34%
Negative market reaction • 33%
Enhanced safety measures • 25%
No significant changes • 25%
Increased insurance premiums • 25%
Reduction in sailing activities • 25%
Mining • 33%
Tourism • 33%
Education and Research • 34%
Increased confidence • 33%
Maintained confidence • 33%
Decreased confidence • 34%
Significant policy changes • 25%
Moderate policy changes • 25%
Minimal or no changes • 25%
Increased funding for conservation • 25%
Increase investment • 25%
Maintain current investment level • 25%
Reduce investment • 25%
Fully divest • 25%
Predominantly Positive • 33%
Predominantly Negative • 34%
Mixed • 33%