According to international news agencies, the US Navy discovered the Titan submersibles likely implosion on underwater sound monitoring equipment not long after it vanished in the Atlantic Ocean on a journey to the Titanic wreck.A desperate search was underway for the Titan submarine, which disappeared on Sunday while travelling to the Titanic disappeared in the North Atlantic. Recently, it has come to light that OceanGate, a corporation, was frequently warned about significant safety concerns yet chose to disregard them.The owner of the missing Titanic submersible now maintains that the crew has perished, according to the most recent information.According to a statement made by the owner of the submersible that vanished during a tourist mission to the Titanic debris, the crew has “sadly been lost,” CNN reported on Thursday.“We mourn the loss of life,” OceanGate said, according to CNN.What happened during the search operations View this post on Instagram A post shared by Danny Silletti (@questionantiquity) Since it was discovered that the oxygen supply on the missing Titanic tourist submersible may be entering its final hours on Thursday, the international search and rescue operation for the vessel reached a frantic phase.On Wednesday, crews involved in the search operations increased their search efforts after hearing underwater noises. Although some people think the sounds may have come from the missing ships passengers, the United States Coast Guard, which is helping with the search, said it was still unclear whether these banging noises were a true signal of life.While some continue to hold out for a miracle, others have given up hope, like Chris Parry, a former senior admiral in the British Royal Navy. In an interview with NBC News on Wednesday, Parry stated, “Ive got no optimism about that at all. Put your head under the water youll hear a lot of mechanical noises, especially if youre close to a sinking ship like the Titanic.”