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James Cameron calls for regulations for tourist subs after Titan disaster
(www.independent.co.uk)
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this post was submitted on 20 Jul 2023
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Cameron is talking about binding the owners not the passengers with his proposed regulations. If I own the airplane I can totally shit on the floor and there is no law to stop me.
Exactly, future-risky-sub-owner could simply seek out a country that doesn't adhere to any safety regulations. I imagine there would be many small nations which could have their "Private submarine regulation" laws bought for a relatively small sum of money.
The insurance angle is a good one, but that would just mean they would have to go uninsured (or self insured) and risk losing clients that have a problem with it.