Just IN:— "Debris of the missing Titan submarine has been found in search zone, now being evaluated". -USCG
The debris was found by a remotely-operated vehicle on the seafloor near the Titanic and the findings are being 'evaluated' by experts.
The discovery comes hours after the estimated oxygen supplies would have run out.
It is unclear whether officials believe the debris is connected to the Titan vessel.
A spokesperson for the USCG wrote: "A debris field was discovered within the search area by an ROV near the Titanic. Experts within the unified command are evaluating the information."
A conference has been arranged for 3pm EST (8pm UK time) to “discuss the findings”.
The family of missing billionaire, Hamish Harding, have slammed the company who own the Titan submarine saying it took “far too long” for them to raise the alarm that communication had been lost.