A lengthy report released by the US Coast Guard Tuesday identified glaring issues with the Titan submersible and the company that ran it, a little more than two years after five people were killed when the deep-sea craft imploded on its way to the Titanic wreckage.

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.

WASHINGTON (Reuters) -The catastrophic implosion of the Titan submersible that killed five people in 2023 could have been prevented, a U.S. Coast Guard investigative board found on Tuesday, calling the vessel’s safety culture and operational practices “critically flawed.”