Directed by

Werner Klingler
Made by

Tobis Filmkunst
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Read the complete plot summary and ending explained for Titanic (1943). From turning points to emotional moments, uncover what really happened and why it matters.
At a tense shareholders’ meeting, the Line’s president, J. Bruce Ismay (played by Ernst Fritz Fürbringer), notes that the share price is slipping and hints at a secret to be revealed during the Titanic’s maiden voyage that could flip the market. He presses the board to sell their shares now so they can buy back cheaply after the reveal, betting that a dramatic rise will follow. The room buzzes with speculation as the gamble is laid out, and a sense of unease threads through the financial minds present. Ismay’s bold plan is to spark renewed interest by leveraging the ship’s upcoming voyage, hoping the launch of the RMS Titanic and the prospect of speed records will paint a rosier picture for investors.
On the ship itself, Ismay’s scheme takes on a life of its own. He reassures the board that the stock will rebound once the Titanic secures the Blue Riband, while privately admitting to his fiancé that he has shorted the stock by borrowing millions. The atmosphere aboard shifts between calculated confidence and underlying risk, as the crew and passengers sense the fragility of fortune riding on a single voyage. The telegraph office becomes a focal point, as insiders monitor the stock’s movement and the plan’s consequences begin to unfold in the real world of finance.
First Officer Petersen (played by Hans Nielsen) is the sole German crew member aboard who voices a warning: he pleads with Ismay to slow the ship as it navigates ice-laden North Atlantic waters. Ismay refuses, pressing Captain Smith (played by Otto Wernicke) to maintain the vessel’s record-breaking pace. A watchful eye is kept on the horizon as the ship slices through the cold darkness. When an iceberg is sighted, the situation grows dire: the searchlight’s filaments fail, and there are no spare filaments on board. The collision is swift and brutal, and the Titanic begins to sink.
In the chaos that follows, courage shows its humanity. First Class passengers falter, but Petersen, along with Sigrid Olinsky—the Russian aristocrat and Petersen’s former lover—exhibit steadiness and dignity among the ship’s contingent of German steerage travelers. Sigrid Olinsky (portrayed by Sybille Schmitz) becomes a crucial ally as Petersen fights to safeguard as many lives as possible. With her assistance, Petersen shepherds survivors toward safety and secures a role for himself that becomes a stand for accountability in the face of catastrophe. The two work in tandem to rescue a number of passengers before the ship’s fate becomes undeniable.
As the cold Atlantic claims the vessel, Petersen finds a young girl abandoned in her cabin by her parents. He dives into the freezing water, cradling the child in his arms, and is pulled onto the lifeboat commanded by Sigrid. The pair are eventually reunited aboard the lifeboat, looking back in horror as the Titanic sinks beneath the waves. The disaster’s aftermath is felt far beyond the ship’s hull.
In the British inquiry that follows, Petersen testifies against Ismay, condemning the actions that fueled the financial gamble. Yet Ismay is cleared of charges, and the blame is shifted onto Captain Smith’s shoulders. As the courtroom empties, the closing line of the epilogue lingers, underscoring the human cost of unchecked pursuit of profit:
The deaths of 1,500 people remain un-atoned, an eternal condemnation of England’s endless quest for profit.
Follow the complete movie timeline of Titanic (1943) with every major event in chronological order. Great for understanding complex plots and story progression.
Shareholder meeting and stock worries
At a White Star Line shareholder meeting, Ismay warns that the share price is sinking and nothing seems to stop it. The market panic leads many stockholders to start selling their shares. He hints that a plan tied to the Titanic's maiden voyage could turn the situation around.
Private board meeting: Ismay's secret to boost stock
In a private session with the board, Ismay promises to reveal a secret during Titanic's maiden voyage that will raise the stock price. He urges the board to sell now and buy back later at a lower price. He suggests the move will line his pockets and revive confidence in the Line.
Ismay's speed-spike belief
On the Titanic, Ismay reveals that he believes breaking the ship's speed record will lift the stock's value. He links the daring plan to the Line's prestige and investors' optimism. This belief anchors his resolve to press for maximum speed.
Opening dinner secret revealed
During the opening dinner, Ismay publicly reveals his secret plan, and the board realizes the motive behind the speed push. They understand the goal is to raise share prices through accelerated performance. Panic and ambition collide as they decide how to act.
Rush to the telegraph office
When the secret is revealed, the board rushes to the telegraph office to buy more shares and spread word of the plan. The frenetic telegram traffic inflates expectations and tightens Ismay's control of the narrative.
Morning aftermath: gamble fails; Ismay's stock reveal
The next morning, the stock price continues to fall despite Ismay's assurances. He tries to calm the board by predicting gains from Blue Riband and hints at foul play. He also privately admits to his fiancée that he had shorted the stock by borrowing millions.
Astor learns of Ismay's plan; prepares counter-move
Telegraph officer informs Astor's assistant about Ismay's eagerness to know stock prices, triggering Astor to devise a plan of his own to push the stock lower upon reaching New York. The aim is to gain a larger share of the Line.
Petersen pleads to slow the ship
First Officer Petersen pleads with Ismay to slow Titanic through the ice fields. Ismay refuses and orders Captain Smith to maintain the vessel's record-breaking speed.
Iceberg sighting and failed repair
An iceberg is sighted and the ship's searchlight filaments break, with no spare filaments aboard. The crew faces a dire situation as the risk of collision escalates.
The collision and sinking begins
Titanic strikes the iceberg and begins to sink, throwing passengers into confusion and fear. The ship's safety protocols falter as water floods lower decks.
Petersen and Sigrid rescue; plan for Ismay's trial
Petersen and Sigrid Olinsky rescue many passengers and Petersen arranges a seat for Ismay in order for him to stand trial for causing the disaster. Their acts of courage contrast with Ismay's looming fate.
Petersen's rescue of the young girl; reunion with Sigrid
Petersen finds a young girl abandoned in her cabin and bravely jumps into the freezing water with her. They are pulled aboard Sigrid's lifeboat, and she and Petersen reunite as the tragedy unfolds.
Titanic sinks beneath the waves
The ship finally plunges beneath the waves, sealing the fate of many aboard. The cold sea and darkness mark the end of a dream driven by profit.
British Inquiry: Ismay cleared, Captain Smith blamed
At the British Inquiry, Petersen testifies against Ismay, condemning his actions. However, Ismay is cleared of charges while Captain Smith bears most of the blame for the disaster.
Epilogue: moral consequence
An epilogue notes that the deaths of 1,500 people remain un-atoned, serving as an eternal condemnation of England's relentless pursuit of profit. The film closes on a moral warning about corporate greed.
Explore all characters from Titanic (1943). Get detailed profiles with their roles, arcs, and key relationships explained.
First Officer Petersen (Hans Nielsen)
Brave and dutiful, Petersen embodies calm leadership under pressure. He pleads for prudent speed in ice-infested waters but remains committed to saving as many lives as possible, often risking his own safety. His actions contrast with the boardroom schemes and highlight a steadfast sense of responsibility.
Sigrid Olinsky (Sybille Schmitz)
A Russian aristocrat with a poised demeanor, Sigrid balances personal history with moral action. She becomes Petersen's ally, aiding in rescues and offering shelter on lifeboats. Her presence underscores dignity and courage amid chaos.
John Jacob Astor (Karl Schönböck)
A shrewd, wealthy passenger who senses Ismay's stock gambit and tests his own influence against corporate manipulation. He is calculating and strategic, pushing for schemes that could exploit the disaster for financial gain while confronting rival interests.
Captain Edward J. Smith (Otto Wernicke)
The ship's captain who commands under mounting pressure as ice and disaster unfold. His leadership is ultimately scrutinized in the inquiry, and the tragedy frames a critique of responsibility and authority during a crisis.
J. Bruce Ismay (Ernst Fritz Fürbringer)
President of the White Star Line whose gambit to boost stock prices through the maiden voyage reveals his appetite for profit over prudence. He doubles down on risky decisions, only to face post-disaster scrutiny and condemnation in the inquiry.
Learn where and when Titanic (1943) takes place. Explore the film’s settings, era, and how they shape the narrative.
Time period
1912
Set during the Titanic's maiden voyage in 1912, the film places its drama amid the era of opulent ocean liners. It unfolds in a world of luxury, speed competitions like the Blue Riband, and high-stakes finance. The disaster reframes this period's faith in progress, prompting a post-crash inquiry into responsibility.
Location
RMS Titanic, North Atlantic Ocean, New York City, London
The main action unfolds aboard the RMS Titanic on its maiden voyage across the North Atlantic, with critical scenes in the ship's public and private spaces during crisis and strategy meetings. The story also follows the aftermath—first the New York stock market maneuvers and the British inquiry back in England that frame the disaster as a moral test of capitalism. The film juxtaposes luxury and peril, showing how wealth and ambition meet a deadly iceberg.
Discover the main themes in Titanic (1943). Analyze the deeper meanings, emotional layers, and social commentary behind the film.
⚖️
Greed and Accountability
The plot centers on Ismay's stock manipulation and the rush to monetize disaster risk. The film presents a critique of profit-driven decisions that overlook human cost. The British inquiry and the ultimate public condemnation emphasize the moral consequences of reckless greed.
🛟
Heroism and Sacrifice
First Officer Petersen acts with duty and courage, guiding passengers and risking his life to save others. Sigrid Olinsky embodies dignity and quiet resolve, aiding in rescues and standing against fear. The lifeboat scenes and rescues highlight acts of selflessness amid catastrophe.
🧭
Class and Society
The disaster exposes stark class divisions as First Class passengers react differently from those in steerage. Characters like Petersen, Sigrid, and others navigate social boundaries with grace, while greed and sensationalism drive decisions in the background. The tragedy becomes a moral commentary on wealth and social power during an era of rapid modernization.

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Discover the spoiler-free summary of Titanic (1943). Get a concise overview without any spoilers.
In the spring of 1912 the RMS Titanic prepares to cut through the icy North Atlantic, a floating testament to ambition, engineering marvels, and the glittering confidence of an era that believes nothing is beyond reach. The ship glides out of Southampton under a sky heavy with expectation, carrying not only first‑class aristocrats and hopeful immigrants, but also the weight of a corporation desperate to prove its worth. The atmosphere aboard feels both celebratory and taut, as whispers of record‑breaking speed mingle with nervous speculation about the future of the White Star Line.
At the heart of that corporate theater sits Sir Bruce Ismay, a shrewd White Star Line executive whose reputation is tied to the ship’s success. He views the maiden voyage as a chance to reverse a slipping share price, plotting a daring strategy that hinges on the vessel’s performance and public perception. His confidence is buoyed by the grandeur of the ship, yet an undercurrent of calculation follows his every decision, hinting that the stakes are as much financial as they are nautical.
Contrasting Ismay’s profit‑driven optimism is First Officer Petersen, a disciplined German officer whose duty to safety constantly clashes with the pride of his British superiors. He watches the engines roar and the ship surge forward, aware that the relentless push for speed may be courting danger. His interactions with Captain Smith, the proud British commander, set up a quiet yet palpable tension: one side valorizes triumph, the other warns of limits. Petersen’s measured demeanor and quiet resolve suggest a deeper conflict between duty and obedience, offering a counterpoint to the surrounding hubris.
The film settles into a tone that balances opulent spectacle with an undercurrent of dread, framing the Titanic not merely as a marvel of its time but as a stage where ambition, greed, and caution collide. As the ocean stretches ahead, the characters are poised on a delicate edge, each driven by personal motives that hint at larger consequences without revealing what lies beyond the horizon.
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