1867
The unprofitable White Star Line is purchased by Thomas
Henry Ismay and Sir Edward Harland.
Thomas Ismay's eldest son, J. Bruce Ismay is made a partner
of White Star and one year later Thomas retires.
American author Morgan Robertson publishes the short novel
"Futility" in which a British passenger liner called the Titan hits an iceberg
and sinks on her maiden voyage without enough lifeboats in the month of April in the North
Atlantic. The fictional ship is eerily similar to the yet-to-be conceived Titanic in size,
speed, equipment, numbers of passengers (both rich and poor), and those lost.
White Star Lines is taken over by International Mercantile
Marine Company created by J. Pierpoint Morgan. The purchase price is �10,000,000. J.
Bruce Ismay stays on to eventually become the managing director of White Star.
J. Bruce Ismay and Lord James Pirrie, a partner in the firm
of Harland and Wolff meet at a dinner party. Plans are made to build two luxury ships, the
Olympic and the Titanic, with a third, the Gigantic (renamed Britannic), to be built
later. Cost of each: �1,500,000.
Construction of the Olympic and Titanic begins in Belfast,
Ireland, at the Harland and Wolff shipyards.
As a result of the Titanic disaster, the International Ice Patrol is created to guard the North Atlantic sea lanes.
In the midst of public ridicule and rumors, J. Bruce Ismay loses his position as chairman of White Star Lines by the IMM board of directors.
Molly Brown dies in New York City at age 65.
After 24 years of service, including war service carrying troops, and four major refittings, the Olympic is retired and scraped. She has crossed the Atlantic 500 times, steamed a million and a half miles and earned the nickname "Old Reliable."
A reclusive J. Bruce Ismay dies at the age of 74.
Walter Lord writes a non-fiction best seller, "A Night To Remember". Three years later a movie of the same title, based on the book, is made.
The film version of the Meredith Wilson's musical The Unsinkable Molly Brown is released starring Debbie Reynolds as the most famous Titanic hero.
Clive Cussler's "Raise The Titanic" is made into a movie.
U.S. entrepreneur and explorer Jack Grimm funds a scientific expedition which set out to locate the wreck of the Titanic. Dogged by bad weather and equipment malfunctions, the expedition fails to find the Titanic.
Jack Grimm unsuccessfully attempts to locate the Titanic on his second expedition.
The third and final expedition funded by Jack Grimm fails to find the Titanic.
A joint French - American scientific expedition, IFREMER/Woods Hole, led by Dr. Robert Ballard discovers the wreck of the Titanic at a depth of 12,500 feet.
Dr. Ballard returns to the Titanic and conducts extensive photographic exploration of the wreck. Towed submersible used to photograph much of the exterior. Manned dives with robot sub photograph significant sections of interior and exterior.
RMS Titanic Inc. is formed by an international group of businessmen anxious to see the Titanic's remains preserved. In cooperation with the French National Institute for Research and Exploration of the Sea (IFREMER), Titanic Inc. conducts research and recovery expeditions to the wreck site in 1987, 1993, 1994 and 1996. Some 5,000 artifacts have been recovered and are being preserved.
IMAX Corporation/P. P. Shirsov Institute films the Titanic in wide screen IMAX format. Biological studies and metallurgical sampling of the hull plating are performed.
The Wreck of the Titanic - a major exhibition - opens at the National Maritime Museum, London, displaying artifacts recovered by Titanic Inc. between 1987 and 1993.
P. P. Shirsov Institute & James Cameron conduct underwater filming for a fictional motion picture slated for release in late 1997.