Wreck of the RMS Titanic Many schemes have been proposed to raise "Titanic," including filling the wreck with ping-pong balls, injecting it with 180,000 tons of Vaseline, or using half a million tons of liquid nitrogen to encase it in an iceberg that would float to the surface. However, the wreck is too fragile to be raised and is now protected by a UNESCO convention. Almost immediately after "Titanic" sank on 15 April 1912, proposals were advanced to salvage her from her resting place in the North Atlantic Ocean, despite her exact location and condition being unknown. The families of several wealthy victims of the
RMS Titanic alternative theories RMS Titanic alternative theories The sinking of the RMS "Titanic" in 1912 attracted so much controversy that several alternative theories about its sinking have gained support. One version is that the sunken ship was actually the "Olympic", near-identical sister-ship of the "Titanic", which was the subject of a large insurance claim, and that the two vessels were secretly switched before the voyage. Another was that the "Titanic"s owner, J.P. Morgan, wanted to eliminate several prominent bankers who were opposing his plan for the creation of a U.S. central bank. The "Titanic" struck an iceberg, leaving a hole in her starboard