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The Titan tourist submersible has been missing since Sunday following its expedition to the Titanic wreckage
James directed the 1998 film Titanic that won 11 Oscars and has become a deep-sea exploration expert
The Titan first went missing Sunday, an hour-and-a-half into its journey to the famed Titanic wreckage
The businessman and pilot went missing on the OceanGate Titan submersible on Sunday