Latest Update (as of June 22) 🚨🌊
"The submersible, which is part of an OceanGate Expeditions tour that offers passengers a once-in-a-lifetime experience to explore the Titanic wreckage, went missing on Sunday after losing contact with the research vessel Polar Prince.
On a website page for the missing vessel, Titan, OceanGate Expedition describes the sub as having a “life support” of 96 hours for five crew members.
Asked how much of the 96 hours were left, Mauger said on Monday that officials anticipated there were somewhere between 70 to the full 96 hours available. On average, the ship went down with four days-worth of oxygen on Sunday. The submersible has enough oxygen to last until 7am-midday Thursday.
Factors such as oxygen levels, intense water pressure, and the remoteness of the area make the search difficult.
The wreckage of the Titanic is also located at a depth of 13,000 feet — a point too deep for typical U.S. Navy subs — which typically go down to 2,000 or 3,000 feet — to descend to.
Canadian aircraft dropped a sonar buoy into the ocean listening for tapping or talking in an effort to pinpoint the submersible. Underwater sounds, with a banging noise every 30 minutes, were recently detected but sourcing efforts have not yielded results yet.
For context, when submarine crew face an underwater disaster and are unable to communicate with the surface they are advised to bang on their submersible's hull to be detected by sonar.
Search efforts have currently relocated to find the origin of the noises and more results are expected to arrive Thursday morning. Scientists warn that it's very difficult to discern the source of noises in the vast ocean and are analyzing all reported sounds in the search area.
The Titan has seven backup systems intended to return the vessel to surface in case of emergency, including a ballast that can be dropped, a balloon, and thrusters. Some of the backup systems are designed to work even if all aboard the submersible are unconscious; there are sandbags held by hooks that dissolve after a certain number of hours in the water and release the sandbags, letting the vessel float to the surface.
The fact that they didn't use one of the multiple methods to resurface indicates that they might either be stuck on something below the surface or that they experienced a structural failure and imploded.
However, those aboard will know how to stretch their available air (as taught in Explorers Club training), and the cold environment will also depress metabolic body functions and decrease the air needed so there is a chance for a larger time window to help with search efforts.
A remotely operated vehicle has recently discovered a "debris field" in the Titan vessel search area.
Final Update: The US Coast Guard confirms the Titan submersible imploded near the wreckage of the Titanic and has no survivors. May they rest in peace and well wishes are sent to the affected families."
Resolves YES if 1+ passengers are found and rescued in one week — up to June 23 (where we assume oxygen levels are extended beyond the current expected capacity of 70 hours)
Case description paraphrased from live news reporting sources and forums:
https://www.nbcnews.com/news/world/live-blog/titanic-missing-submersible-live-updates-rcna90103
🏅 Top traders
| # | Name | Total profit |
|---|---|---|
| 1 | Ṁ238 | |
| 2 | Ṁ49 | |
| 3 | Ṁ48 | |
| 4 | Ṁ37 | |
| 5 | Ṁ36 |