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The submersible vessel named Titan used to visit the wreckage site of the Titanic. (OceanGate Expeditions via AP)

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Company that owned imploded submersible was registered in Bahamas

The company that owned the doomed submersible carrying five passengers to the wreckage of the Titanic was registered in The Bahamas.

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OceanGate had MOU with UB but never collaborated

THE University of The Bahamas said it signed a memorandum of understanding with OceanGate, the company behind a missing submersible that has captured headlines worldwide, but never collaborated with the company on any project.

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MISSING SUB’S LINK TO BAHAMAS: Company tested vessel in nation’s waters and partnered with university. UPDATE: Titan submersible 'likely imploded, no survivors'

3.15pm UPDATE: The Coast Guard says the Titan submersible likely imploded in the North Atlantic waters and there were no survivors among the five people aboard.

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