Connect with us

Published

on

The five men onboard the missing Titan sub are believed to have died after the vessel suffered a “catastrophic implosion”.

Rear Admiral John Mauger – who led the search – confirmed that a remotely operated vehicle had discovered the nose cone of the lost submersible about 487m (1,600ft) from the bow of the Titanic on the seafloor.

Further debris was found nearby, with Rear Admiral Mauger adding: “In consultation with experts from within unified command, the debris is consistent with the catastrophic loss of the pressure chamber.

“On behalf of US Coast Guard and entire unified command, I offer deepest condolences to the families. I can only imagine what this has been like for them, and I hope this discovery provides some solace during this difficult time.”

Tributes paid to Titan passengers – live updates

Titan submersible in June 2021. File pic: OceanGate Expeditions via AP.
Image:
The Titan submersible in June 2021. File pic: OceanGate Expeditions via AP

Minutes before the news conference, OceanGate – which owned the submersible – released a statement that said: “We now believe that our CEO Stockton Rush, Shahzada Dawood and his son Suleman Dawood, Hamish Harding, and Paul-Henri Nargeolet, have 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.

“Our hearts are with these five souls and every member of their families during this tragic time. We grieve the loss of life and joy they brought to everyone they knew.”

Sky’s US correspondent James Matthews – who was at the US Coast Guard’s news conference in Boston – asked Rear Admiral Mauger whether any trace of the passengers had been found.

He replied: “This is an incredibly complex operating environment on the seafloor, over two miles beneath the surface. The remote operating vehicle has been searching, and it is highly capable, and we’ve been able to classify parts of the pressure chamber for the Titan submersible.”

Please use Chrome browser for a more accessible video player

‘Why were you worried about Titan?’

When asked about the prospects for recovering crew members, Rear Admiral Mauger warned, “it is an incredibly unforgiving environment on the seafloor”.

While the debris is consistent with a “catastrophic implosion” of the vessel, he stressed that it is too early to know when this happened – and underwater robots remain on scene to gather information.

“We’ll continue to work and continue to search the area down there, but I don’t have an answer for prospects at this time,” he told reporters.

Carl Hartsville, an expert from the Woods Hole Oceanographic Institution, later added that no debris from the Titanic is based in the area.

While there had been speculation in past news conferences that underwater banging noises heard near the site could be linked to Titan, the Coast Guard said there doesn’t appear to be a connection.

Foreign Secretary James Cleverly said it was “tragic news” that the five men had lost their lives. Billionaire Hamish Harding – as well as businessman Shahzada Dawood and his son Suleman – were British citizens.

“The UK government is closely supporting the families affected and expresses our deepest condolences,” he added.

Please use Chrome browser for a more accessible video player

‘Two friends of mine are gone’

Early on Thursday morning, it had been announced that a “debris field” had been found at the search site.

David Mearns – a rescue expert who knew two of the five men onboard – had told Sky News earlier that Titan’s landing frame and rear cover had been identified.

Five days have passed since Titan’s passengers embarked on a two-hour dive to see the wreck of the Titanic.

Teams from multiple countries had scoured thousands of square miles looking for the minivan-sized vessel.

On Wednesday, the US Coast Guard had forecast that the vessel’s air supply would run out by 12.08pm UK time today.

Finding the missing submersible in a totally dark environment was likened to discovering a needle in a haystack – and according to experts, even specialist vehicles on the seafloor can only see for a matter of metres.

Commodore David Russell, a former Royal Navy submariner, told Sky News that the evidence suggests that the Titan’s pressure hull failed – and those onboard would have lost their lives instantaneously.

Mr Harding and Mr Nargeolet were members of The Explorers Club – and in a statement, its president Richard Garriott de Cayeux said “our hearts are broken” by the tragedy.

He thanked those involved in the search and rescue effort, adding: “They were both drawn to explore, like so many of us, and did so in the name of meaningful science for the betterment of mankind.

“We’re heartbroken for the families, friends and colleagues of those who were lost. Their memories will be a blessing and will continue to inspire us in the name of science and exploration.”

Continue Reading

World

Musk sued over buying Twitter shares at artificially low prices by US finance regulator

Published

on

By

Musk sued over buying Twitter shares at artificially low prices by US finance regulator

Elon Musk is being sued for failing to disclose his purchase of more than 5% of Twitter stock in a timely fashion.

The world’s richest man bought the stock in March 2022 and the complaint by the US Securities and Exchange Commission (SEC) said the delay allowed him to continue buying Twitter stock at artificially low prices.

In papers filed in Washington DC federal court, the SEC said the move allowed Mr Musk to underpay by at least $150m (£123m).

The commission wants Mr Musk to pay a civil fine and give up profits he was not entitled to.

In response to the lawsuit a lawyer for the multi-billionaire said: “Mr Musk has done nothing wrong and everyone sees this sham for what it is.”

An SEC rule requires investors to disclose within 10 calendar days when they cross a 5% ownership threshold.

The SEC said Mr Musk did not disclose his state until 4 April 2022, 11 days after the deadline – by which point he owned more than 9% of Twitter’s shares.

More on Elon Musk

Twitter’s share price rose by more than 27% following Mr Musk’s disclosure, the SEC added.

Mr Musk later purchased Twitter for $44bn (£36bn) in October 2022 and renamed the social media site X.

Read more: Majority of public says Musk having a negative impact on British politics

Since the election of Donald Trump, Mr Musk has been put in charge of leading a newly created Department of Government Efficiency (DOGE) alongside former Republican presidential candidate Vivek Ramaswamy.

The president-elect said the department would work to reduce government bureaucracy, slash excess regulations, cut wasteful expenditures and restructure federal agencies.

Continue Reading

World

Hamas accepts Gaza peace deal as Israeli official says agreement is close but ‘not there yet’

Published

on

By

Hamas accepts Gaza peace deal as Israeli official says agreement is close but 'not there yet'

US president-elect Donald Trump has suggested Israel and Hamas could agree a Gaza ceasefire by the end of the week.

Talks between Israeli and Hamas representatives resumed in the Qatari capital Doha yesterday, after US President Joe Biden indicated a deal to stop the fighting was “on the brink” on Monday.

A draft agreement has been sent to both sides. It includes provisions for the release of hostages and a phased Israeli troop withdrawal from Gaza.

Qatar says Israel and Hamas are at their “closest point” yet to a ceasefire deal.

Two Hamas officials said the group has accepted the draft agreement, with Israel still considering the deal.

An Israeli official said a deal is close but “we are not there” yet.

More than 46,500 Palestinians have been killed in Gaza since Israel launched its ground offensive in the aftermath of the 7 October attacks, according to the territory’s Hamas-run health ministry.

Read more:
What’s in the proposed deal?

Palestinians inspect the site of an Israeli strike on beachfront cafe in Deir Al-Balah.
Pic: Reuters
Image:
Palestinians inspect the site of an Israeli strike on beachfront cafe in Deir al Balah. Pic: Reuters

Biden hails possibility of agreement

President Biden said it would include a hostage release deal and a “surge” of aid to Palestinians, in his final foreign policy speech as president.

“So many innocent people have been killed, so many communities have been destroyed. Palestinian people deserve peace,” he said.

“The deal would free the hostages, halt the fighting, provide security to Israel, and allow us to significantly surge humanitarian assistance to the Palestinians who suffered terribly in this war that Hamas started.”

Qatari mediators have sent Israel and Hamas a draft proposal for an agreement to halt the fighting.

Analysis:
Deal might be close, but there are many unanswered questions

U.S. President Joe Biden delivers a speech at the State Department in Washington, U.S. January 13, 2025. REUTERS/Evelyn Hockstein
Image:
Pic: Reuters

Trump: ‘We’re very close’

President-elect Donald Trump has also discussed a possible peace deal during a phone interview with the Newsmax channel.

“We’re very close to getting it done and they have to get it done,” he said.

“If they don’t get it done, there’s going to be a lot of trouble out there, a lot of trouble, like they have never seen before.

“And they will get it done. And I understand there’s been a handshake and they’re getting it finished and maybe by the end of the week. But it has to take place, it has to take place.”

Read more:
Pope Francis honoured by Joe Biden
Donald Trump’s inauguration 2.0

President-elect Donald Trump talks to reporters after a meeting with Republican leadership at the Capitol on Wednesday, Jan. 8, 2025, in Washington. (AP Photo/Jose Luis Magana)
Image:
Pic: AP

Israeli official: Former Hamas leader held up deal

Speaking on Tuesday as negotiations resumed in Qatar, an anonymous Israeli official said that an agreement was “close, but we are not there”.

They accused Hamas of previously “dictating, not negotiating” but said this has changed in the last few weeks.

Yahya Sinwar was the main obstacle for a deal,” they added.

Sinwar, believed to be the mastermind of the 7 October attacks, led Hamas following the assassination of his predecessor but was himself killed in October last year.

Under Sinwar, the Israeli official claimed, Hamas was “not in a rush” to bring a hostage deal but this has changed since his death and since the IDF “started to dismantle the Shia axis”.

Please use Chrome browser for a more accessible video player

Biden: ‘Never, never, never, ever give up’

Iran ‘weaker than it’s been in decades’

Yesterday, President Biden also hailed Washington’s support for Israel during two Iranian attacks in 2024.

“All told, Iran is weaker than it’s been in decades,” the president said.

Mr Biden claimed America’s adversaries were weaker than when he took office four years ago and that the US was “winning the worldwide competition”.

“Compared to four years ago, America is stronger, our alliances are stronger, our adversaries and competitors are
weaker,” he said.

“We have not gone to war to make these things happen.”

The US president is expected to give a farewell address on Wednesday.

Continue Reading

World

Gaza ceasefire: What does the draft agreement say and how many hostages would be released?

Published

on

By

Gaza ceasefire: What does the draft agreement say and how many hostages would be released?

A draft ceasefire deal on the table between Israel and Hamas would see 33 hostages set free and a phased withdrawal of IDF forces from parts of Gaza.

President Joe Biden said an agreement to stop the fighting was “on the brink” and high level negotiations between the two sides resumed in Qatar on Tuesday.

The deal would see a number of things happen in a first stage, with negotiations for the second stage beginning in the third week of the ceasefire.

It would also allow a surge in humanitarian aid into Gaza, which has been devastated by more than a year of war.

Details of what the draft proposal entails have been emerging on Tuesday, reported by Israeli and Palestinian officials.

Relatives and supporters of Israeli hostages held by Hamas in Gaza hold photos of their loved ones during a protest calling for their return, in Tel Aviv, Israel, Wednesday, Jan. 8, 2025. (AP Photo/Ohad Zwigenberg)
Image:
Relatives and supporters of Israeli hostages hold photos of their loved ones during a protest on 8 January. Pic: AP

Hostages to be returned

In the first stage of the potential ceasefire, 33 hostages would be set free.

These include women (including female soldiers), children, men over the age of 50, wounded and sick.

Israel believes most of these hostages are alive but there has not been any official confirmation from Hamas.

In return for the release of the hostages, Israel would free more than 1,000 Palestinian prisoners and detainees.

People serving long sentences for deadly attacks would be included in this but Hamas fighters who took part in the 7 October attack would not be released.

An arrangement to prevent Palestinian “terrorists” from going back to the West Bank would be included in the deal, an anonymous Israeli official said.

Read more:
A timeline of events since the 7 October attacks
The hostages who still haven’t returned home

Smoke billows as buildings lie in ruin in Beit Hanoun in the Gaza Strip.
Pic: Reuters
Image:
Smoke billows as buildings lie in ruin in Beit Hanoun in Gaza. Pic: Reuters

Phased Israeli withdrawal from Gaza

The agreement also includes a phased withdrawal of Israeli forces from Gaza, with IDF troops remaining in the border perimeter to defend Israeli border towns and villages.

Security arrangements would be implemented at the Philadelphi corridor – a narrow strip of land that runs along the border between Egypt and Gaza – with Israel withdrawing from parts of it after the first few days of the deal.

The Rafah Crossing between Egypt and Gaza would start to work gradually to allow the crossing of people who are sick and other humanitarian cases out of Gaza for treatment.

Unarmed North Gaza residents would be allowed to return to their homes, with a mechanism introduced to ensure no weapons are moved there.

“We will not leave the Gaza Strip until all our hostages are back home,” the Israeli official said.

What will happen to Gaza in the future?

There is less detail about the future of Gaza – from how it will be governed, to any guarantees that this agreement will bring a permanent end to the war.

“The only thing that can answer for now is that we are ready for a ceasefire,” the Israeli official said.

“This is a long ceasefire and the deal that is being discussed right now is for a long one. There is a big price for releasing the hostages and we are ready to pay this price.”

The international community has said Gaza must be run by Palestinians, but there has not been a consensus about how this should be done – and the draft ceasefire agreement does not seem to address this either.

In the past, Israel has said it will not end the war leaving Hamas in power. It also previously rejected the possibility of the Palestinian Authority, which exercises limited governing powers in the West Bank, from taking over the administration of Gaza.

Since the beginning of its military campaign in Gaza, Israel has also said it would retain security control over the territory after the fighting ends.

Continue Reading

Trending