A desperate search and rescue mission had been underway since the submersible went missing Sunday.
OceanGate, the company behind the trek, released a statement Friday morning AEST stating that it believed the five passengers had “sadly been lost.” “These men were true explorers who shared a distinct spirit of adventure, and a deep passion for exploring and protecting the world’s oceans.
Liability waivers signed by the passengers of a submersible which imploded on a dive to the Titanic wreck might not shield the vessel’s owner from potential lawsuits by the victims’ families, legal experts say. 7NEWS
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