$1.2 million in losses suffered by US government in search for Titan submarine

WORLD, June 24 (YPA)-   The cost of US government’s role in the search for the doomed submarine Titan in the Atlantic estimated at about $1.2 million.

According to the Washington Post, citing an initial estimate by Mark Cancian senior adviser at the Center for Strategic and International Studies (CSIS), the final amount could be even more.

Earlier, the US Coast Guard announced that the wreckage found in the ocean was from the Titan submarine, and the analysis of the wreckage showed that the submarine suffered catastrophic damage and all its passengers died.

Five people are on board the submarine, which was on a cruise to the wreck site of the famous Titanic, and was cut off after about an hour and 45 minutes of diving last Sunday.

US media reported that British billionaire Hamish Harding, veteran French deep-sea diver Paul-Henri Nargioli, the founder of an American company that organizes trips to the wreckage of the Titanic Stockton Rush, Pakistani businessman Shahzada Dawood and his son were on board the Titan.

E.M