NORFOLK, Va. — Fallout from the coronavirus pandemic is threatening a company’s plans to retrieve and exhibit the radio that broadcast distress calls from the sinking Titanic.
RMS Titanic Inc. said in a Monday court filing that its revenues plummeted after coronavirus restrictions closed its exhibits of Titanic artifacts.
The firm has since missed a deadline with an admiralty court in Virginia to submit a funding plan for the expedition.
The company has also left open the possibility that it may no longer seek court approval for the undertaking if a plan isn’t submitted soon.
Meanwhile, the United States government says the expedition is barred under federal law.
