Shipwreck Exploration Expeditions

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OceanGate Titanic Expeditions are Set to Start in Summer 2021

Adventurers who are curious to take a trip to the final resting place of the Titanic will be intrigued to hear of the news of the OceanGate Titanic expedition that will offer a one-of-a-kind experience. The expedition from the privately-owned exploration company will see up to nine civilians joining the crew per trip as they voyage more than 12,800 feet below the surface of the water to visit the shipwreck. The opportunity is likely to be of distinct interest to avid explorers who are keen to take a look at the shipwreck before it is completely lost given its accelerated deterioration in recent years.

The OceanGate Titanic expeditions are expected to begin starting in summer 2021 and will see 18 dives planned.
Trend Themes
1. Shipwreck Exploration Expeditions - The trend of offering immersive experiences to explore shipwrecks provides a disruptive innovation opportunity for the tourism industry.
2. Private Exploration Companies - The trend of privately-owned exploration companies offering unique expeditions opens up disruptive innovation opportunities in the adventure tourism sector.
3. Underwater Exploration Technology - The trend of utilizing advanced technology for deep-sea exploration creates disruptive innovation opportunities for the marine technology industry.
Industry Implications
1. Tourism - The tourism industry can capitalize on the trend of offering shipwreck exploration expeditions to attract adventure-seeking travelers.
2. Adventure Tourism - The adventure tourism industry can leverage the trend of private exploration companies to offer exclusive and thrilling expeditions to shipwrecks.
3. Marine Technology - The marine technology industry can explore opportunities to develop cutting-edge equipment and tools for underwater exploration.

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