The Titan submersible with five men on board suffered a “catastrophic loss” consistent with the implosion of the vessel, the US Coast Guard has said.

A remote-controlled robot (ROV) found the debris off the bow of the Titanic, the century-old shipwreck that was the intended destination of the expedition.

The submersible which had been missing since Sunday sparked a massive search spanning thousands of miles of the North Atlantic ocean, pulling in US and Canadian agencies as well as other international assistance.

OceanGate the company that owns the vessel had announced Thursday those on board, four tourists and the company’s CEO, who was piloting the craft, had died.

“We now believe that our CEO Stockton Rush, Shahzada Dawood and his son Suleman Dawood, Hamish Harding, and Paul-Henri Nargeolet, have sadly been lost,” the company said in a statement.

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