Foundation banking on the spirit of Titanic

The legendary ocean liner Titanic sunk more than a century ago in the North Atlantic - but the story and the spirit of its demise still capture the imagination of people all over the world, regardless of nationality, race or language.

And that spirit has prompted the launch of The Titanic Foundation - a charity fund created by a Chinese energy company that aims to offer help to shipwreck survivors and relatives of shipwreck victims all over the world.

The fund will also provide financial support to infrastructure projects built to prevent shipwrecks and sponsor free training programs on how to avoid shipwrecks.