• The pilot of a Royal Canadian Air Force maritime surveillance aircraft flies over the Atlantic during the search for the missing OceanGate submersible. Reuters
    The pilot of a Royal Canadian Air Force maritime surveillance aircraft flies over the Atlantic during the search for the missing OceanGate submersible. Reuters
  • A Royal Canadian Air Force serviceman drops sonar buoys from a surveillance aircraft. Reuters
    A Royal Canadian Air Force serviceman drops sonar buoys from a surveillance aircraft. Reuters
  • Capt Jamie Frederick of the US coastguard speaks to reporters about the search for the submersible, during a press conference in Boston, Massachusetts. AFP
    Capt Jamie Frederick of the US coastguard speaks to reporters about the search for the submersible, during a press conference in Boston, Massachusetts. AFP
  • Carl Hartsfield, director and senior programme manager Oceanographic Systems Laboratory, faces reporters as Royal Navy Lt Cdr Rich Kantharia, left, and Capt Frederick look on during the news conference. AP
    Carl Hartsfield, director and senior programme manager Oceanographic Systems Laboratory, faces reporters as Royal Navy Lt Cdr Rich Kantharia, left, and Capt Frederick look on during the news conference. AP
  • Inside the submersible vessel Titan on a previous dive. The vessel is used to visit the wreckage site of the Titanic. PA
    Inside the submersible vessel Titan on a previous dive. The vessel is used to visit the wreckage site of the Titanic. PA
  • Titan went missing on a dive to the Titanic wreck site this week. PA
    Titan went missing on a dive to the Titanic wreck site this week. PA
  • Businessman Shahzada Dawood, the vice-chairman of Karachi conglomerate Engro, and his son Suleman are on board the missing sub. AFP
    Businessman Shahzada Dawood, the vice-chairman of Karachi conglomerate Engro, and his son Suleman are on board the missing sub. AFP
  • Paul-Henri Nargeolet, French explorer and director of a company that owns the rights to the Titanic wreck, is on board the submarine. Reuters
    Paul-Henri Nargeolet, French explorer and director of a company that owns the rights to the Titanic wreck, is on board the submarine. Reuters
  • The Titan submersible was taking five people to view the wreck of the Titanic when it went missing. AP
    The Titan submersible was taking five people to view the wreck of the Titanic when it went missing. AP
  • UAE-based British space explorer Hamish Harding posted this image of himself in Canada a day before the expedition. Photo: Instagram
    UAE-based British space explorer Hamish Harding posted this image of himself in Canada a day before the expedition. Photo: Instagram
  • Mr Harding, a businessman, receives his Blue Origin astronaut pin after a successful flight to space in June 2022. AP
    Mr Harding, a businessman, receives his Blue Origin astronaut pin after a successful flight to space in June 2022. AP
  • The submersible usually carries a pilot, three paying guests and a 'content expert'. It has enough oxygen for up to 96 hours. AP
    The submersible usually carries a pilot, three paying guests and a 'content expert'. It has enough oxygen for up to 96 hours. AP
  • The Titanic sank on April 15, 1912, during its maiden voyage from Southampton to New York, killing more than 1,500 of the 2,200 passengers on board. Getty
    The Titanic sank on April 15, 1912, during its maiden voyage from Southampton to New York, killing more than 1,500 of the 2,200 passengers on board. Getty
  • The wreck, which was located in 1985, sits 3,800 metres at the bottom of the Atlantic, about 600km off Newfoundland. AFP
    The wreck, which was located in 1985, sits 3,800 metres at the bottom of the Atlantic, about 600km off Newfoundland. AFP

Race to save five on board missing Titanic submarine


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Follow the latest news on the missing Titanic sub here

The search for five explorers missing on a deep-sea journey to the wreck of the Titanic was widened on Tuesday as friends said they were praying for a miracle.

The submersible craft Titan, which set off with 96 hours of oxygen but has not been seen since Sunday, remained elusive despite an intensive search in the the North Atlantic.

The US Coast Guard said it had expanded its search into deeper waters as the clock ticks down.

Pakistani businessman Shahzada Dawood and his son Suleman were confirmed to be two of the passengers on board. A third is Hamish Harding, a British billionaire who lives in the UAE and flew into space last year.

A French navy pilot, Paul-Henry Nargeolet, and the boss of tour company OceanGate, Stockton Rush, were believed to be the other members of the voyage.

Experts said a rescue in the ocean depths would be challenging even if the craft were located.

David Mearns, a specialist in searching for shipwrecks who is friends with Mr Harding and knows Mr Nargeolet professionally, told The National the craft's disappearance was a "nightmare" for everyone.

"It's a horrible situation that we are all in, and none more important than his family", said Mr Mearns, a marine scientist and oceanographer.

He said there was "more hope" on Tuesday because of a new ship arriving at the scene that may have the equipment to carry out a rescue.

"If they’re still alive that is a possibility and we are praying for a miracle. That could be the miracle," he said.

"But I still know how difficult it is. They have to get down very deep and find the submersible. They have got to recover it. So that’s a lot to hope for.

"I think now our minds should be on trying to make the recovery as opposed to being about what happened. That’s where my thoughts were yesterday and until time runs out or they are recovered."

Clockwise from the top left: Shahzada Dawood, Hamish Harding, Paul Henry Nargeolet, and Stockton Rush. Reuters / AP / OceanGate Expeditions
Clockwise from the top left: Shahzada Dawood, Hamish Harding, Paul Henry Nargeolet, and Stockton Rush. Reuters / AP / OceanGate Expeditions

US and Canadian coast guards were combing the North Atlantic surface and using sonar equipment to trace the vessel’s movements. The pressure at the seabed was compared to two elephants on a thumbnail.

France announced it was sending a deep-sea diving vessel called the Atalante that belongs to a government research institute.

It was not clear what had happened to the craft to cause it to lose communications.

Mr Harding said in his last social media post that a “weather window” had opened up for a dive on Sunday after severe conditions in Newfoundland, Canada.

Private plane company Action Aviation said the family of its missing chairman Mr Harding was grateful for "kind messages" since his disappearance.

The president of the US-based Explorers Club, Richard Garriott de Cayeux, said Mr Harding had been looking forward to the expedition when they met shortly beforehand.

"His excitement about this expedition was palpable," he said. "We all join in the fervent hope that the submersible is located as quickly as possible and the crew is safe."

An archive photo of the submarine Titan, which set off with a different crew on the Titanic voyage. PA
An archive photo of the submarine Titan, which set off with a different crew on the Titanic voyage. PA

The Titanic wreck lies on the seabed about 1,400km east of Cape Cod, Massachusetts, at a depth of about 4km. Since the wreck's discovery in 1985, it has been slowly succumbing to bacteria and some artefacts have been removed by human explorers.

OceanGate offers tours costing $250,000 to see the remains of the Titanic, which sank in April 1912 after hitting an iceberg on its maiden voyage.

“It is a challenge to conduct a search in that remote area,” said Rear Adm John Mauger of the US Coast Guard.

With no trace of the Titan, pilots in C-130 military planes were looking over the water to see if the craft had surfaced while Canadian forces put sonar buoys in the ocean to pick up any sounds.

Canada’s Rescue Co-ordination Centre Halifax dispatched a P8 Poseidon aircraft that is designed for anti-submarine warfare.

“We’re making the best use of every moment of that time to locate the vessel,” Rear Adm Mauger added.

British Prime Minister Rishi Sunak's official spokesman said the UK was in contact with the family of Mr Harding as the rescue operation continues.

The UK "stands ready to provide any additional assistance, including as our capacity as the host nation for Nato's multinational submarine rescue capacity," the spokesman said.

Chris Parry, a former rear admiral in Britain’s Royal Navy, said the small vehicle could be difficult to find if it was deep in an ocean canyon among the debris of the Titanic itself.

He said that even if the passengers were found alive, it would be impossible to transfer them to another vehicle at that depth.

Rescuers would have to try to lift the Titan out with a crane and a long wire or send another submersible with “grabbing arms” to bring it to the surface, he told Sky News.

OceanGate said that it was looking into “all options” to retrieve the crew.

The six-metre vessel lost contact with the Polar Prince, a Canadian research vessel that had towed it near the wreck, about one hour and 45 minutes after the dive began.

The military is hoping to enlist private vessels to assist in the search, as well as for any possible rescue mission if the craft is located.

Robert Blasiak, an oceans expert at Stockholm University, Sweden, said the dive to the wreck was within the craft’s specifications but that most deep-sea science exploration was done by robots.

He said the craft would have thick walls to withstand the immense pressure close to the seabed, which he said was 380 times what a person would experience above ground.

Mr Rush, OceanGate's founder, said on a BBC programme last year that the craft was operated with what was "basically a Sony PlayStation-style controller".

"I want to tell people this is not your grandfather’s submarine. It has got one button, and that’s it," he added.

The research vessel Polar Prince took the explorers from Newfoundland to where their submersible went underwater. PA
The research vessel Polar Prince took the explorers from Newfoundland to where their submersible went underwater. PA

The Dawood family runs one of Pakistan’s biggest business conglomerates, with investments in agriculture, industries and the health sector. Mr Dawood also is on the board of trustees for the California-based SETI Institute that searches for extraterrestrial intelligence.

“We are very grateful for the concern being shown by our colleagues and friends," the Dawood family said, confirming the father and son's involvement in the dive.

Mr Dawood is an adviser of Prince's Trust International. On Tuesday, Will Straw, the chief executive of the charity, expressed shock over the news.

Mr Straw said: "We are shocked by this awful news, praying for a rescue and sending our thoughts to his family during this deeply challenging time".

He said Mr Dawood has been an adviser to the charity's international arm in "various capacities" with a focus on its work in Pakistan. His father Hussain Dawood was a founding patron of Prince's Trust International.

Mr Harding holds exploration records including the longest time spent traversing the deepest part of the ocean – the Mariana Trench – on a single dive, and the fastest circumnavigation of the Earth via its poles by plane.

Last June, he went into space on Blue Origin’s New Shepard rocket. He posted online before the Titanic mission that it was likely to be the only journey to the wreck this year because of severe weather.

Action Aviation said it was thankful for the "continued efforts" of rescuers and put "great faith and trust in their expertise".

It described Mr Harding as a "living legend of aviation" and an "extraordinarily accomplished individual who has successfully undertaken challenging expeditions" including the space mission.

"He has travelled on a submersible to the Challenger Deep in the Mariana Trench and has been to the South Pole a number of times," it said.

"The team at Action Aviation are extremely proud of Hamish and we look forward to welcoming him home."

Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

Will the pound fall to parity with the dollar?

The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.

Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.

New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.

“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.

The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.

The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.

Bloomberg

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

Tailors and retailers miss out on back-to-school rush

Tailors and retailers across the city said it was an ominous start to what is usually a busy season for sales.
With many parents opting to continue home learning for their children, the usual rush to buy school uniforms was muted this year.
“So far we have taken about 70 to 80 orders for items like shirts and trousers,” said Vikram Attrai, manager at Stallion Bespoke Tailors in Dubai.
“Last year in the same period we had about 200 orders and lots of demand.
“We custom fit uniform pieces and use materials such as cotton, wool and cashmere.
“Depending on size, a white shirt with logo is priced at about Dh100 to Dh150 and shorts, trousers, skirts and dresses cost between Dh150 to Dh250 a piece.”

A spokesman for Threads, a uniform shop based in Times Square Centre Dubai, said customer footfall had slowed down dramatically over the past few months.

“Now parents have the option to keep children doing online learning they don’t need uniforms so it has quietened down.”

Seemar’s top six for the Dubai World Cup Carnival:

1. Reynaldothewizard
2. North America
3. Raven’s Corner
4. Hawkesbury
5. New Maharajah
6. Secret Ambition

'Shakuntala Devi'

Starring: Vidya Balan, Sanya Malhotra

Director: Anu Menon

Rating: Three out of five stars

Tomb%20Raider%20I%E2%80%93III%20Remastered
%3Cp%3EDeveloper%3A%20Aspyr%0D%3Cbr%3EPublisher%3A%20Aspyr%0D%3Cbr%3EConsole%3A%20Nintendo%20Switch%2C%20PlayStation%204%26amp%3B5%2C%20PC%20and%20Xbox%20series%20X%2FS%0D%3Cbr%3ERating%3A%203%2F5%3C%2Fp%3E%0A
Blackpink World Tour [Born Pink] In Cinemas

Starring: Rose, Jisoo, Jennie, Lisa

Directors: Min Geun, Oh Yoon-Dong

Rating: 3/5

ONCE UPON A TIME IN GAZA

Starring: Nader Abd Alhay, Majd Eid, Ramzi Maqdisi

Directors: Tarzan and Arab Nasser

Rating: 4.5/5

Last-16 Europa League fixtures

Wednesday (Kick-offs UAE)

FC Copenhagen (0) v Istanbul Basaksehir (1) 8.55pm

Shakhtar Donetsk (2) v Wolfsburg (1) 8.55pm

Inter Milan v Getafe (one leg only) 11pm

Manchester United (5) v LASK (0) 11pm 

Thursday

Bayer Leverkusen (3) v Rangers (1) 8.55pm

Sevilla v Roma  (one leg only)  8.55pm

FC Basel (3) v Eintracht Frankfurt (0) 11pm 

Wolves (1) Olympiakos (1) 11pm 

The alternatives

• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.

• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.

• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.

2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.

• PayPal is probably the best-known online goods payment method - usually used for eBay purchases -  but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.

Updated: June 22, 2023, 9:17 AM