BREAKING UPDATE: In a statement provided to CNN, OceanGate says it believes individuals on missing sub 'have sadly been lost.'
On Thursday afternoon, OceanGate announced it believes the passengers of the submersible that was headed to the Titanic wreckage have"sadly been lost," according to reports.
The Titan submersible was estimated to have about a four-day supply of breathable air when it launched Sunday morning in the North Atlantic - but experts have emphasized that was an imprecise approximation to begin with and could be extended if passengers have taken measures to conserve breathable air. And it's not known if they survived since the sub's disappearance.
Dr. Rob Larter, a marine geophysicist with the British Antarctic Survey, emphasized the difficulty of even finding something the size of the sub - which is about 22 feet long and 9 feet high. Captain Jamie Frederick of the First Coast Guard District said a day earlier that authorities were still holding out hope of saving the five passengers onboard.Frederick said while the sounds that have been detected offered a chance to narrow the search, their exact location and source hadn't yet been determined.Retired Navy Capt.
Lost aboard the vessel is pilot Stockton Rush, the CEO of OceanGate. His passengers are: British adventurer Hamish Harding; Pakistani businessman Shahzada Dawood and his son Suleman; and French explorer and Titanic expert Paul-Henry Nargeolet. One of the company's first customers characterized a dive he made to the site two years ago as a"kamikaze operation."
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