Tourists who pay $250,000 to descend almost 13,000 feet below sea level to view the wreck of the Titanic must sign a waiver saying they accept that the submersible is not approved by any regulatory body.
OceanGate Expeditions was founded in 2009 to take wealthy explorers to see the ship, which hit an iceberg and sank in 1912. The wreck was not located until 1985, when it was found 350 miles off the coast of Newfoundland.
Tourists have been visiting it for decades, often in immensely-strong but internally rudimentary submersibles.
Yet those boarding the submersible must sign a waiver which states: 'This experimental vessel has not been approved or certified by any regulatory body, and could result in physical injury, emotional trauma, or death.'
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