ROLE OF GATEKEEPERS ON THE EFFECTIVENESS OF CORPORATE GOVERNANCE
ROLE OF GATEKEEPERS ON THE EFFECTIVENESS OF CORPORATE GOVERNANCE Author (s) Mohd Uzair Full Text PDF Download Table of Contents…
OceanGate tows its Titan submersible out from the company’s home base in Everett, Wash., for a test in Puget Sound in preparation for its first Titanic dive in 2021. (OceanGate Photo).
OCEAN GATE TITAN: Legal Implication and Regulation for The Deep-sea exploration in International water.
ABSTRACT
This research paper examines OCEANGATE TITAN legal implications and regulations surrounding the operation of deep-sea
exploration. Focus on understanding the specific legal framework and regulation that governs the use and operation of deep-sea exploration considering factors such as environmental impact liability in case of accident or damages and any potential conflict with existing Maritime law at the international level and to see what safety protocol was taken.
Ocean Gate is an American privately owned company based in Everett, Washington, which provided crewed submersibles for tourism, industry, research, and exploration. The company was founded in 2009 by Stockton Rush and Guillermo sohnlein.
The company acquired two submersible vessels- titan and cyclops. Titan was an experiment that imploded on 18 June 2023 while transporting tourists to visit the wreckage of the Titanic. It was the first privately-owned submersible with a claimed maximum depth of (13,000 ft), and the first completed crewed submersible with a hull constructed of titanium and carbon
fibre composite materials. After testing with dives to its maximum intended depth in 2018 and 2019, the original composite hull
of Titan developed fatigue damage and was replaced by 2021. In that year, Ocean Gate began transporting paying customers to the wreck of Titanic, completing several dives to the wreck site in 2021 and 2022. During the submersible’s first expedition in 2023, all five occupants were killed when the Titan imploded. Ocean Gate lost contact with Titan and contacted authorities later that day after the submersible was overdue for return. A massive international search and rescue operation ensued and ended on 22 June, when debris from Titan was discovered about 1,600 feet (500 metres) from the bow of the Titanic.
This article talk about what legal liability can occurs. Criminal defense attorney Joshua Ritter told the Daily Mail that “if an investigation reveals the participants were misled about the risks or pressured to agree to activities they would normally avoid, then it can lead to criminal charges. For the company to use a video game controller to steer this submarine, that’s the kind of thing that makes this ripe for an investigation.” He compared this situation to a 2009 case in which three people died at an Arizona sweat lodge. In that case, the participants entered willingly but the entrepreneur who ran the lodge was convicted of negligent homicide.
In this we get to know how company reacted toward safety of passengers OceanGate fired employee David Lochridge in 2018 after he raised concerns about the safety of their submersible, the Titan. Lochridge filed a whistleblower complaint with the Occupational Safety and Health Administration, leading to OceanGate suing him for breaching his employment contract. In response, Lochridge alleged that he was wrongfully terminated and that his actions aimed to ensure passenger safety. He claimed that the Titan lacked sufficient testing of its hull and that hazardous materials were being used inside the submersible
without passenger knowledge. Lochridge believed that OceanGate’s decisions could potentially subject passengers to extreme danger. The two sides settled their court case in November 2018.
In this book it examines a range of emerging activities in the deep sea including bioprospecting, marine scientific research, mining and tourism and considers the effectiveness of existing international law and governance mechanisms to sustainably manage these activities. It includes a detailed examination of the nature and extent of bioprospecting in the deep sea and its relationship with other activities such as marine scientific research. The book sets out in detail suggestions for how international law and policy regimes could respond to these challenges.
In this book it examines a range of emerging activities in the deep sea including bioprospecting, marine scientific research, mining and tourism and considers the effectiveness of existing international law and governance mechanisms to sustainably manage these activities. It includes a detailed examination of the nature and extent of bioprospecting in the deep sea and its relationship with other activities such as marine scientific research. The book sets out in detail suggestions for how international law and policy regimes could respond to these challenges.
The statement of problem regarding the issue Ocean Gate Titan can be:
The purpose of researching the legal implications of the Ocean Gate Titan is to assess and understand the legal framework and regulations that govern the operation and use of underwater exploration technology. This research aims to identify any legal requirements, restrictions, or potential liabilities associated with the use of such technology and to ensure compliance with applicable laws and regulations. By examining the legal implications:
Ultimately, researching the legal implications of the Ocean Gate Titan can help stakeholders, including manufacturers, operators, researchers, and policymakers, navigate the legal landscape surrounding underwater exploration and ensure the safe, responsible, and compliant use of such technology.
The objectives of the research regarding the legal implications of the Ocean Gate Titan can include:
Titan’s operation of deep-sea exploration in terms of environmental protection would vary depending on the country or jurisdiction in which the company operates. However, there are several international frameworks and regulations that can provide an understanding of the environmental protection measures that would likely be involved. Some key aspects may include:
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ROLE OF GATEKEEPERS ON THE EFFECTIVENESS OF CORPORATE GOVERNANCE Author (s) Mohd Uzair Full Text PDF Download Table of Contents…
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