Multiple contributing factors — including OceanGate’s toxic workplace environment and profit-over-safety ethos — led to the entirely "preventable" implosion of a submersible that killed five people off Newfoundland two years ago, Coast Guard investigators said Tuesday.

The US Coast Guard Marine Board of Investigation tasked with examining the June 2023 implosion of the Titan submersible released its report on Tuesday, with the board chair stating that the deaths of the five people on board were “preventable.

A U.S. Coast Guard report reveals that the Titan submersible disaster was due to preventable safety failures and deliberate oversight avoidance