Timeline of United States discoveries four days into the ship's maiden voyage, "Titanic" struck an iceberg and sank two hours and forty minutes later, early on April 15, 1912. The sinking resulted in the deaths of 1,517 of the 2,223 people on board, making it one of the deadliest peacetime maritime disasters in history. After nearly 74 years of being lost at sea on the bottom of the ocean floor, a joint Franco-American expedition led by American oceanographer Dr. Robert D. Ballard, discovered the wreckage of the RMS "Titanic" two miles (3 km) beneath the waves of the North Atlantic on September 1, 1985. Ballard
Wreck of the RMS Titanic expedition and Marex was issued with a temporary injunction preventing it from carrying out its plans. In October 1992 the injunction was made permanent and the salvage claims of Titanic Ventures were upheld. The decision was later reversed by an appeals court but Marex's claims were not renewed. Even so, Titanic Ventures' control of the artefacts recovered in 1987 remained in question until 1993 when a French administrator in the Office of Maritime Affairs of the Ministry of Equipment, Transportation, and Tourism awarded the company title to the artefacts. In May 1993 Titanic Ventures sold its interests in the salvage