When it was announced on Thursday that debris had been found in the search for the Titan submersible, it extinguished any lingering hope that the five men on board could be rescued.
But the realisation that the craft almost certainly experienced a catastrophic failure on its mission to view the wreck of the Titanic, located 3,800 metres below the surface of the North Atlantic Ocean, raised as many questions as it answered.
In particular, what caused this vessel to apparently implode, likely killing everyone instantly? And should the company that owned the vessel have sent paying passengers to the ocean’s depths in a craft that did not appear to have been subject to rigorous independent testing?
The tube was an issue. That puts a lot of stress on the tube part made of carbon fibre
Jasper Graham-Jones,
University of Plymouth
That the wreckage of Titan was found a few days after it went missing on Sunday is an achievement in itself, considering that several missions, albeit using less modern equipment and searching over a larger area, failed to find the Titanic itself before the wreck was located in 1985.
“You have to imagine you’re looking through black night through unknown terrain with a flashlight,” said Ralf Bachmayer, professor of marine environmental technology and deep-sea engineering at the University of Bremen, Germany.
“There’s no light. That makes it very difficult even with cameras. You could be right next to something and you don’t see it.”
Extreme depths
Sonar, which involves sending out sound waves that create an echo when they bounce off objects, was used, but distinguishing between any signals created by Titan from those generated by other objects was a tough task
“You have difficult terrain,” Mr Bachmayer said, with “canyons” in the area and the wreckage from the Titanic as well.
“What’s new, what’s different? … That makes it so incredibly difficult to find something on the sea floor. It’s a vast space if you don’t know where to search.”
He said the arrival at the scene of remotely operated vehicles, or ROVs, capable of descending to extreme depths, was key to finding the Titan wreckage.
One of the submersibles, Victor 6000 can go to depths of 6,000 metres and has a power cable connected to its mother ship.
“These ROVs are so extremely useful because they have almost unlimited power and they can light up significantly more than this submersible [Titan] was able to,” Mr Bachmayer said.
Design flaws
As is typical of craft sent to such depths, Titan was not an off-the-shelf submersible but a unique design that, in this case, combined a carbon fibre main compartment with titanium.
Five main pieces of wreckage have been discovered, the US Coast Guard reported, including part of the pressure chamber and the nose cone.
Titan had made many journeys down to the wreck, causing several rounds of compression and decompression that would have placed immense strain on the structure.
“How does it respond over time to cycling back to the surface and to underwater depths? Any existing small defect might get worse over time,” said Mr Bachmayer.
Many submersibles are spherical, as this shape spreads pressure equally, but Titan was elongated, which meant that some areas were under greater stress than others.
“The tube was an issue. That puts a lot of stress on the tube part made of carbon fibre,” said Jasper Graham-Jones, associate professor in mechanical and marine engineering at the University of Plymouth in the UK.
“This is particularly strong, but it does have the issue that it can produce small delamination. You can have small stress cracks [when] going down to great depths.
“Every time you use it you could produce small cracks. These could lead to catastrophic failure … The problem with composites is that you can have cracks within the structure that are not necessarily seen.”
While carbon fibre is used for helicopter blades and aeroplane wings, among other things, Dr Graham-Jones said that he was not aware of another deep-sea submersible made from the material.
“What was interesting was this hull was only five inches thick in the carbon fibre area, which seems to me very thin,” he added.
Additional testing
Issues such as this are why Dr Graham-Jones thinks it is important to have independent certification from a marine classification society, an organisation that maintains independent technical standards.
OceanGate Expeditions, the company that created and operated Titan, decided not to try to secure such certification for the submersible. The company’s chief executive, Stockton Rush, was one of the five killed in the submersible.
While the passengers signed waivers indicating that they accepted the mission was not risk-free, Dr Graham-Jones said it would have been difficult for them to truly appreciate the dangers.
“It just seems so wrong that they signed waivers [to say], ‘Yes, we understand the risks.’ They wouldn’t have understood the risks because I don’t think the company itself understood the risks. This is where you need other people to check the risks,” he said.
US media have reported that in court documents, OceanGate’s former director of marine operations, David Lochridge, raised safety concerns about the submersible and thought that it needed additional testing.
Also, in a 2018 letter from the Marine Technology Society, published online by The New York Times, experts expressed “unanimous concern” about OceanGate’s “experimental” approach in the development of Titan.
They warned that this “could result in negative outcomes (from minor to catastrophic) that would have serious consequences for everyone in the industry”.
Defending OceanGate to the BBC, Guillermo Sohnlein, co-founder of the company, said that Titan had gone through a “rigorous test programme”.
“Everyone keeps equating certification with safety and is ignoring the 14 years of development of the Titan sub,” he said.
Legal action?
That Titan was sent down in international waters means that many of the regulatory frameworks that would affect operations in national waters do not apply. Yet OceanGate may still face legal action, according to lawyers.
“If it can be established that the implosion was caused by inherent defects in the mechanics or engineering of the submarine, the responsible party may be held liable, even if a waiver was signed,” said Timothy E Allen, a lawyer with the US law firm Oberheiden PC.
If the wreckage from Titan is collected and analysed, it may be possible for scientists to map out crack paths, which could indicate the cause of the failure.
While the tragic outcome that befell Titan may cause some to think twice about undertaking similar missions in future, Mr Bachmayer said there were still likely to be willing passengers.
“People that do these kinds of trips are well aware of the risks,” he said. “How they evaluate these risks is different to how I evaluate these risks and probably how you evaluate these risks.
“I don’t think it will change things necessarily, but people will think more about it and the risks they’re willing to take.”
First Person
Richard Flanagan
Chatto & Windus
David Haye record
Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4
What vitamins do we know are beneficial for living in the UAE
Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.
Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.
Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.
Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
Washmen Profile
Date Started: May 2015
Founders: Rami Shaar and Jad Halaoui
Based: Dubai, UAE
Sector: Laundry
Employees: 170
Funding: about $8m
Funders: Addventure, B&Y Partners, Clara Ventures, Cedar Mundi Partners, Henkel Ventures
Generational responses to the pandemic
Devesh Mamtani from Century Financial believes the cash-hoarding tendency of each generation is influenced by what stage of the employment cycle they are in. He offers the following insights:
Baby boomers (those born before 1964): Owing to market uncertainty and the need to survive amid competition, many in this generation are looking for options to hoard more cash and increase their overall savings/investments towards risk-free assets.
Generation X (born between 1965 and 1980): Gen X is currently in its prime working years. With their personal and family finances taking a hit, Generation X is looking at multiple options, including taking out short-term loan facilities with competitive interest rates instead of dipping into their savings account.
Millennials (born between 1981 and 1996): This market situation is giving them a valuable lesson about investing early. Many millennials who had previously not saved or invested are looking to start doing so now.
Mohammed bin Zayed Majlis
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UAE: Thunder Snow/Saeed bin Suroor (trainer), North America/Satish Seemar, Drafted/Doug Watson, New Trails/Ahmad bin Harmash, Capezzano, Gronkowski, Axelrod, all trained by Salem bin Ghadayer
USA: Seeking The Soul/Dallas Stewart, Imperial Hunt/Luis Carvajal Jr, Audible/Todd Pletcher, Roy H/Peter Miller, Yoshida/William Mott, Promises Fulfilled/Dale Romans, Gunnevera/Antonio Sano, XY Jet/Jorge Navarro, Pavel/Doug O’Neill, Switzerland/Steve Asmussen.
Japan: Matera Sky/Hideyuki Mori, KT Brace/Haruki Sugiyama. Bahrain: Nine Below Zero/Fawzi Nass. Ireland: Tato Key/David Marnane. Hong Kong: Fight Hero/Me Tsui. South Korea: Dolkong/Simon Foster.
What is blockchain?
Blockchain is a form of distributed ledger technology, a digital system in which data is recorded across multiple places at the same time. Unlike traditional databases, DLTs have no central administrator or centralised data storage. They are transparent because the data is visible and, because they are automatically replicated and impossible to be tampered with, they are secure.
The main difference between blockchain and other forms of DLT is the way data is stored as ‘blocks’ – new transactions are added to the existing ‘chain’ of past transactions, hence the name ‘blockchain’. It is impossible to delete or modify information on the chain due to the replication of blocks across various locations.
Blockchain is mostly associated with cryptocurrency Bitcoin. Due to the inability to tamper with transactions, advocates say this makes the currency more secure and safer than traditional systems. It is maintained by a network of people referred to as ‘miners’, who receive rewards for solving complex mathematical equations that enable transactions to go through.
However, one of the major problems that has come to light has been the presence of illicit material buried in the Bitcoin blockchain, linking it to the dark web.
Other blockchain platforms can offer things like smart contracts, which are automatically implemented when specific conditions from all interested parties are reached, cutting the time involved and the risk of mistakes. Another use could be storing medical records, as patients can be confident their information cannot be changed. The technology can also be used in supply chains, voting and has the potential to used for storing property records.