OceanGate says it is pausing its industrial and exploration operations. Its CEO, Stockton Rush, was among the many 5 folks killed when the corporate’s Titan submersible imploded in June. Here, the OceanGate emblem is seen on a ship parked close to the corporate’s workplaces in Everett, Washington.

Ed Komenda/AP

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Ed Komenda/AP

OceanGate says it is pausing its industrial and exploration operations. Its CEO, Stockton Rush, was among the many 5 folks killed when the corporate’s Titan submersible imploded in June. Here, the OceanGate emblem is seen on a ship parked close to the corporate’s workplaces in Everett, Washington.

Ed Komenda/AP

OceanGate mentioned it’s suspending its industrial and exploration operations after 5 folks have been killed aboard its Titan submersible on a visit to the Titanic shipwreck in June.

No different particulars have been offered within the transient assertion on its web site, and OceanGate was not instantly accessible for remark.

The Titan submersible launched on June 18, destined 2.4 miles under the floor, and is believed to have imploded that very same day.

Among the victims have been OceanGate CEO Stockton Rush, British businessman Hamish Harding, Pakistani investor Shahzada Dawood and his son Suleman Dawood, and French diver Paul-Henri Nargeolet.

“Well, an accident of this magnitude definitely brings attention. … Will it shut down the type of tourism? Absolutely not. I think what will happen in the probably shorter than longer term is that it will raise even more interest,” mentioned Alain Grenier, a high-risk journey researcher on the University of Quebec.

Grenier mentioned folks will nonetheless have interaction in actions regardless of their threat, comparable to climb Mount Everest or experience in airplanes and automobiles.

“Once they can be convinced again that the activities are safe, then they will go back,” he mentioned. “The human nature is to think, ‘Well, this will happen to other people. This won’t happen to me. I will be more careful.'”

NPR’s Matilda Wilson contributed to this report.