OceanGate’s Antipodes Submersible: A $795,000 Vessel Lingers on Market as Broker Disassociates Amid Titan Tragedy Fallout

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OceanGate’s Antipodes Submersible: A $795,000 Vessel Lingers on Market as Broker Disassociates Amid Titan Tragedy Fallout

Antipodes litigation
Antipodes (submersible) – Wikipedia, Photo by wikimedia.org, is licensed under CC BY-SA 4.0

One of the submersibles previously owned by OceanGate, the Antipodes, is on sale at the moment at 795,000 but its future is becoming more questionable. The yacht broker who has been selling the vessel in the last five years, Steve Reoch, has stated that he would like to be out of the sale. His choice is based on the disastrous explosion of the Titan submersible of OceanGate, an event that led to the deaths of five people and attracted the attention of the whole world to the safety of deep-sea exploration.

Reoch, a broker of an expedition-yacht who sold a boat in 1979, expressed his unwillingness to proceed with it, saying, I do not want to have anything to do with it. This feeling is only a few weeks after the disaster that struck the Titan, the submersible, as it disastrously collapsed in a mission to the shipwreck of the Titanic.

The Antipodes, 13 1/2-foot, which is now housed at the headquarters of OceanGate in Everett, Washington, was purchased by OceanGate CEO Stockton Rush as the first submersible in the company. Rush, one of the people who were killed on the Titan, bought the ship after it had been owned by different people and different owners as Reoch puts it.

Design, Features, and Safety Record

The Antipodes was constructed in 1973 by Perry Submersibles, and is designed to make deep-water expeditions, and can reach depths of 1,000 feet, or 305 meters. Its listing points out its capability of reaching underwater conditions and its comfortable design to its occupants. The submersible has six separate 5HP electric propellers that make it very manoeuvrable at depth. It is stated as being very comfortable to pilot and up to four crew, also having two 58 inch acrylic domes of the hemispheric type so that it has maximum viewing capability.

More importantly, the Antipodes has a good safety record, which is a feature that distinguishes it among the unfortunate Titan. The American Bureau of Shipping (ABS) classified it, which means that it was inspected and met the required standards in the industry.

In its three-year ABS Classification Survey, which was issued in February 2017, this classification involved a full disassembly and inspection, and a certified deep dive. The classification process makes sure that the vessel meets high standards of technical requirements of the maritime industry.

Operation History and Sale Attempts

The Antipodes was able to make many dives during the time it operated under the OceanGate. Reoch described that these were all successful trips and all the passengers and the crew returned safely. A prominent trip was one that rapper Macklemore took with a shark-spotting tour. These expeditions were successful thus highlighting the ability of the vessel and its past operations before the recent scandals.

The sale of the Antipodes was due to the fact that OceanGate was working on the second submersible, the Cyclops. Rush approached Reoch and contracted his services to sell the Antipodes since the company was interested in growing its fleet.

Market Problems and Legal Complexities

Although it has been in the market in five years, Reoch stated that the past interest of potential buyers was mostly that of people who were not legit or were flakes. He also mentioned a bigger problem with his business, in that he had never been able to sell a classed submersible, although he was actively pursuing the large owners of expedition-yachts.

Although Reoch tried to sell it, OceanGate still used the Antipodes to carry out expeditions so it was not just sitting in a shed somewhere. This continued use implied that the vessel was still in operation and in a state of repair, which is a distinction between the vessel and other inactive listings.

empty seats inside vehicle with fire extinguishers
Photo by Michal Mrozek on Unsplash

But the recent Titan disaster has permanently changed the outlook of the Antipodes. Reoch now believes that the sub will not sell, especially since OceanGate has halted all exploration and commercial activities.

He predicts that the Antipodes are expected to spend years in court battles as a result of the Titan incident. This is a legal snarl that is one of the reasons why he has decided to pull out of the sale.

We are disidentifying ourselves with the vessel since it will not sell, said Reoch to Insider, and there is no use trying any harder. He said, no one will be able to sell the submersible in years due to litigation, it is a waste of my time and has been five years.

Reoch is going to take the listing off in the next few weeks, as he is aware that someone may still want to buy it, but he will no longer be involved since the legal procedures are likely to be protracted. He is convinced that the submersible is not of much interest to the buyers at the moment, particularly due to the association with the OceanGate.

The Titan Disaster and Its Aftermath

The explosion of Titan submersible took place on June 18, 2023, at the moment when it made its way to the deep waters of the North Atlantic. The accident left all the five people on board dead, and this casts a long shadow on the operations of OceanGate.

Some of the victims included Oceangate CEO Stockton Rush, French Titanic expert Paul-Henri Nargeolet, British billionaire Hamish Harding, a leading Pakistani businessman Shahzada Dawood, and his 19-year old son, Sulaiman Dawood.

OceanGate Everett Washington
All About OceanGate’s Titan Submersible, Including Photos Inside, Photo by people.com, is licensed under CC BY-SA 4.0

The disaster of the Titan was the sharp contrast to the safety history of the Antipodes. The Titan was not rated by the American Bureau of Shipping, unlike the Antipodes. This non-independent certification received a lot of criticism following the disaster.

Rush himself had also been criticized over his attitude to safety with reports indicating that he considered some safety regulations to be an unnecessary burden. In 2022, he said that at some point, safety is nothing more than waste.

Research and Legal Repercussions

Investigators such as the National Transportation Safety Board (NTSB) found out that the faulty engineering was a factor that led to the implosion of the Titan. An incendiary Coast Guard report also showed neglected red flags and described the catastrophe as avoidable.

These deep-sea expeditions were commercial since OceanGate had priced the expedition to the Titanic at $250,000 per person. The firm had already reportedly taken at least 46 successful travelers on its expeditions to the Titanic wreck site in 2021 and 2022.

submersible Titan implosion
File:Titan (modélisation sketchup – twilight render – Gimp).jpg – Wikimedia Commons, Photo by wikimedia.org, is licensed under CC BY-SA 4.0

After the Titan disaster, legal experts believe that family members of the people who were killed may easily sue. These lawsuits may be brought against OceanGate, the manufacturer of the submersible, and those companies that provided its different parts.

The international search and subsequent recovery of debris of the 22-foot Titan was of great interest to the world. The remains of human beings must have been taken out of the rubble and are being examined by medical authorities.

An Industry in Crisis

Nevertheless, there might be a difficult time of reclaiming substantial damages on OceanGate in case the company just stops its operations, as some legal experts may propose. This further complicates the post-disaster scene. OceanGate expeditions such as the Titan were normally obligated to sign liability waivers. A waiver that a potential passenger viewed stated clearly the possible risks such as physical injury, disability, emotional trauma and death.

To further the enquiries, the Transportation Safety Board of Canada is also undertaking a safety investigation of the Polar Prince, the Canadian flagged mother ship on which the dives of the Titan were supported. All these questions highlight the complexity of the post-disaster situation. OceanGate, headquartered in Everett, Washington, and its associated company, OceanGate Expeditions, which has its headquarters in the Bahamas, have an uncertain future. The end of all exploration and business activities is a major milestone to the deep-sea tourism sector.

The Antipodes and a Warning Legacy

The much-publicized explosion has put a large dark cloud over the whole industry, questioning the safety standards and regulatory control of manned deep-sea expeditions. It points out the natural dangers of such projects, despite the high level of technology. To the Antipodes, a ship that has a proven history of safe operation and classification as an industry ship, its connection to OceanGate and the disastrous case of the Titan has become an insurmountable barrier to its sale. What used to be a useful, well-liked submersible has become entangled in the history of a corporate disaster and massive loss of life.

The perception that has become inseparably associated with OceanGate has seriously affected the once vibrant market of the unique deep-sea vessels. Although the Antipodes is a well-built and prosperous country, the current environment guarantees its position in a long-term commercial stalemate. The fate of the vessel as Steve Reoch is about to delist the Antipodes is a larger story of an industry struggling to come to terms with the consequences of a tragedy that could have been avoided. Its yellow surface, which was once the sign of exploration, now is a warning, and will remain forever stagnant in the mazes of law and opinion.

The Antipodes is awaiting an unknown future. It is a monument to the possibilities and the dangers of exploring the depths of the ocean, which will always be tainted by its business heritage and the lessons it taught people after a terrible human tragedy.

Martin Banks is the managing editor at Modded and a regular contributor to sites like the National Motorists Association, Survivopedia, Family Handyman and Industry Today. Whether it’s an in-depth article about aftermarket options for EVs or a step-by-step guide to surviving an animal bite in the wilderness, there are few subjects that Martin hasn’t covered.
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