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Best luxury yacht: 7 ultimate luxury cruisers you can buy

Bavaria C46 review: More accommodation and better performance?

Best catamaran and multihull: We sail the very best yachts on two and three hulls

Final week for applications for women’s Ocean 50 trimaran programme

Advice on making an Atlantic crossing from people who have done it

Great seamanship: Chasing the Dawn

How do you solve problems at sea? Learning from the best is a good way to start

10 women doing great things in competitive sailing right now

Best family yacht: our pick of the best yachts for sailing with the family

Air Yacht 80 a dream package

Is your anti-foul choice contributing to Global warming?

Boundless adventure: The Outremer 52

Taking bluewater cruising to a new level

‘Nothing is set in stone until the finish gun’ – Nikki Henderson

Clarisse Crémer cleared following Vendée cheating accusations

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World’s coolest yachts: Monitor – the 1955 foiling boat

Jeanneau Yachts 55 review: Thinking outside the box

Sailing from Annapolis to Iceland on the viking routes of old

American cruisers feared dead after yacht stolen in Grenada prison break

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Caudrelier wins first ever solo round the world race in foiling Ultim

Nautitech 48 Open first look: last design of legend Marc Lombard

Some of the world’s biggest, coolest catamarans go racing

Six solo skippers ready to race 100ft foiling multihulls around the world

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How to prepare for an Atlantic crossing with the ARC

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The ‘easy’ way to sail across the Atlantic?

New mutihulls take on an Atlantic crossing

How to prepare for an Atlantic crossing

Satellite communication: how to stay connected at sea

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Extraordinary boats: Maluka – restoration of a 1932 classic

World’s fastest monohull: Malizia-Seaexplorer IMOCA 60

Extraordinary boats: Infiniti 52 – an incredible story and boat

Falken restoration: Round the World racer turned perfect cruiser

Extraordinary boats: Sailing the sustainable Ecoracer 25

Extraordinary boats: The Sam Manuard foiling mini 6.50

Practical cruising.

Great seamanship: Slow Boat to Uruguay

How to find the right weather window

How to manoeuvre a yacht under power

Great seamanship: Bound for Cape Horn

Allures 40.9 vs Ovni 400: French aluminium centreboarders go head-to-head

CNB 66 yacht test: Intoxicating cruiser is a cut above the mainstream

Saffier SE37 Lounge test: A veritable supercar of the seas

Swan 65 test: The triumphant return of a true sailing icon

Yachting Monthly

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Pointer 30 review: ‘not your average cruising boat’

Yachts of 30 feet or under are exciting, including the Pointer 30. Something about their (relatively) diminutive size makes them reminiscent of childhood adventures. They’re also intriguing from a design…

Cornish Crabbers appoints liquidator

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Celebrating 200 years of the RNLI

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Ocean Globe Race leader forced to return to Falklands with severe hull damage and a risk of sinking

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Eight bells for C&N yacht designer Raymond Wall

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Italians celebrate line honours in ARC and ARC+ rallies

• December 11, 2023

How sailors navigate using just the sun: Expert guide to celestial navigation

The forecast is unsettled, should you leave harbour?

How do solo sailors sleep at sea? Experts share their tips and advice

Boatpoint to bring the first new Elan Impression 43 to the UK

Why Splice? Jimmy Green Marine’s online custom build service takes the guesswork out of ropework

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Jeremy Bagshaw on his 2022-23 Golden Globe Race

Michael Guggenberger on his 2022-223 Golden Globe Race

Abhilash Tomy on his 2022-23 Golden Globe Race

The classic ocean race that’s open to anyone – taking on the AZAB

Sailing in the wake of Odysseus

Exploring the Pembrokeshire Islands by boat

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‘The average age of this crew is 70 years old’ – Top tales from sailing across the Atlantic

‘£10,000 and two broken engines in to my yacht purchase, I realised I may have made a mistake…’

‘Why we’ll all miss the shipping forecast’ – Libby Purves

‘Why a healthy dose of fatalism is good for you’ – Dick Durham

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The biggest news stories that shaped the yachting industry in 2023

2023 was a busy year for the yachting sector, with new launches sailing out of the construction sheds and innovations in the path towards more sustainable yachting really taking shape this year. BOAT looks back at the top news stories you may have missed...

Oceanco completes first-of-its-kind rebuild of H3

Dutch shipyard Oceanco made waves with the never-before-seen rebuild of H3 . Formerly the 95-metre Indian Empress , the rebuild saw the yacht extended, restyled and completely transformed from the hull up. The yacht’s completely modern new look and the scope of the work involved was revealed for the first time in the November 2023 edition of BOAT International .

More about this yacht

Savannah hits the market.

Feadship 's 2015-built 83.5-metre Savannah , one of the most iconic yachts in the fleet, was officially announced for sale in September with Edmiston . The yacht is famous for her glossy metallic silhouette and long list of amenities, including a semi-submerged Neptune lounge and an intimate dance room in the bow. Her asking price is undisclosed. 

Yachts for charter

Lammouche and obsidian pioneer use of biofuel.

The 44-metre Sanlorenzo yacht Lammouche marked one of the first yachts to trial HVO (hydrogenated vegetable oil) in a high-profile experiment that saw the yacht take delivery of 15,000 litres of HVO. Later in the year, it was announced that the brand new 84.2-metre Feadship yacht Obsidian was also switching to biofuel in her generators, making her the first new yacht to trial the alternative fuel source.

US Justice Department seeks to take ownership of 106m Amadea

The saga of arrested Russian yachts continued with 106-metre Amadea this year, when the US Department of Justice filed a civil forfeiture complaint that would allow the yacht's ownership to be transferred to US authorities. It came after the yacht was arrested in Fiji and moved to US territory last year. She remains caught in a battle between her owner and the authorities, prompting questions over what will happen to other allegedly Russian-owned superyachts. 

The world’s first fuel-cell superyacht hits the water

German shipbuilding giant Lürssen marked a significant milestone in the path towards sustainable yachting with the launch of 114.2-metre Project Cosmos, the first superyacht fitted with fuel cell technology. Once complete, the yacht will be able to create electricity to power its propulsion through a chemical reaction instead of combustion. The yacht has a huge float-in tender well – similar to the one on Octopus – and her exterior design is by Australian industrialist designer Marc Newson , who also designed the Apple Watch.

Jeff Bezos takes delivery of two yachts

Amazon founder Jeff Bezos made international headlines when he took delivery of his superyacht earlier in 2023 (with no bridge dismantling). The 125.9-metre Koru (a word meaning new life, growth and peace in Māori culture) is now the largest sailing yacht in the world (excluding Sailing Yacht A ), as well as the flagship yacht of the Oceanco fleet. The classically-styled schooner was a radical departure from the modern, stealthy-looking superyacht that was expected from the billionaire, with Lateral Naval Architects and Dykstra Naval Architects taking care of her naval architecture and old-school look. Koru is shadowed by the 75-metre Abeona from Damen Yachting .  

93m Mayan Queen rescues migrants from sinking boat

When a migrant boat capsized off Greece's southern Peloponnese peninsula, the 93.5-metre Mayan Queen IV was quick to step in to rescue survivors from the water. Around 100 people were brought to shore and treated for their injuries, although authorities reported at least 78 people drowned in the incident.

€330M Ahpo becomes one of the biggest brokerage deals in history

The 115.1-metre Lürssen superyacht Ahpo changed hands just three months after coming to market. Moran Yacht & Ship represented both parties in the deal, which is believed to be the biggest sale in yachting history. Delivered in 2021, the yacht was asking €330,000,000 at the time of her sale, and was supremely private when she launched. Her new name, Lady Jorgia , was announced during the sale, but is yet to be implemented.

The OceanGate submersible implosion sparks commentary from the industry

The impact of the OceanGate submersible, which imploded in June on a descent to the Titanic killing all five passengers, was felt across the industry. Patrick Lahey, co-founder of Triton Submarines, said he tried to convince his long-time friend and Titanic expert Paul-Henri Nargeolet, who was killed in the incident, not to dive with OceanGate. "I tried to do everything I could to discourage him from going out there. I know many people that knew him did the same thing," he said. Rob McCallum, co-founder of EYOS Expeditions, agreed, recalling a dinner with OceanGate CEO Stockton Rush when "I told him in no uncertain terms that he was doing the wrong thing."

Two arrested following vandalism of Kaos

Two people were arrested following the deliberate vandalism of 110-metre Kaos while she was docked in the Balearic islands. A video posted on social media shows two climate activists spray painting the yacht’s stern until port authorities intervened. Kaos sustained no lasting damage, but the incident sent shockwaves through the industry, along with concerns about incidents like these becoming more commonplace.

Abeking & Rasmussen crowns new flagship

One of the most exciting yachts to be delivered in 2023 was Liva O , Abeking ’s new flagship. At 118.2 metres, the inky black yacht underwent specialised laser welding to create her smooth, unbroken, high-gloss finish. Her designer described her as a “monolith” on the water.

Kismet finds new owner and is renamed Whisper

After changing central agencies, the 95-metre Kismet sold in just three months in a deal between Cecil Wright & Partners and Christie Yachts . She was asking €149,000,000 at the time of her sale and has now been renamed Whisper . She was famously built for Shahid Khan, a Pakistani-American businessman and owner of the Jacksonville Jaguars, and his new yacht, still known as Project Jag , is moving closer to completion.

Kalizma comes under fire

The 50.2-metre superyacht Kalizma came under heavy fire in the Gulf of Aden, with pictures shared with BOAT International showing heavy bullet damage to the interior and exterior of the yacht. The incident was described as a pirate attack by eyewitnesses on board the boat, but a statement by officials claimed the “pirates” were actually Yemeni Coastguard vessels.

Fraser gets new CEO

Anders Kurtén was appointed CEO of leading brokerage firm Fraser in August.  The former CEO of Finnish shipyard Baltic Yachts brings 25 years of experience to his new role.

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Understanding the market so you can reap the rewards

We have been sharing our thoughts on this for almost a year.

Now the 2020 yachting data is in.

And we were right.

There has never been a better time to own your own yacht.

And more people realised that in 2020 than any other year since our industry records began back in 2009.

More than 490 yachts (24m/79’ and over) were sold in 2020. Up +18.2% on 2019 and +39.8% on the average for the last 12 years. The total value of those sales was up +32.8% on the 12-year average, with the average value of yacht sold 7.2m€, consistent with the last 3 years.

Yachts and yachting are responding to a human need like never before.

The opportunity they open for all of us to capture quality time together, with those we care for, away from the stresses of day-to-day life, in a controllable, safe environment is unparalleled. The chances they offer us to re-engage with the natural world we share have never meant more, or given more, than they do today.

The  FRASER INSIGHTS & INDICATORS REPORT  examines the dynamic shifts in 2020 and what they mean for the market in 2021 for both buyers and sellers. Based on in-depth data compiled from multiple sources by Fraser's inhouse Central Intelligence Department (CID), this Yachting Brokerage Report shares the trends and demand that will help you better navigate your way to finding your perfect yacht at the right price - or the right buyer at the right time.

Read the  FRASER INSIGHTS & INDICATORS REPORT HERE .

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Yacht Market Report: the Only Way is Up

Home > LUXURY/UHNW Trends > Yacht Market Report: the Only Way is Up

Posted by David Breviglieri 11 Oct 2021

Looking at the yacht market report for 2022 and beyond, the industry’s future will be home to an entirely different landscape. The global pandemic has resulted in a shift in attitudes, a host of new travel trends and a spotlight on sustainability like never before. When it comes to yachting, the industry is listening. 

Yacht Market Report : the Only Way is Up

The yacht market weathered the uncertainty of the past two years and has come out stronger than ever before. This year has broken all records for yacht sales, with 545 yachts sold in the first three quarters of 2022, according to global superyacht brokerage Fraser. That’s compared to 277 yachts sold for the same period last year and is double the average number of yacht sales at this time of year since 2009. 

Interest in yacht charters has also risen from first-time charterers, and we can expect to see the results of the exponential growth in green engineering and technology in the next few years. 

Technological innovation is also set to enhance the luxury experience on board, with onboard technology becoming smarter, more sophisticated, and increasingly more implementable. 

When it comes to the superyacht experience, various trends all centre around people wanting to travel more, spend quality time with the people they love and explore remote destinations with health and safety at the front of their minds. 

It wasn’t just global lockdowns that have stimulated these yacht market trends. Global wealth grew significantly in 2020 and 2021, and according to the SYT iQ 2021 Market Report, new yacht sales also saw substantial growth worldwide. According to Wealth-X, a total of 670 additional billionaires were created in 2020 – a rise of 13%. The worldwide list of High Net Worth Individuals (defined as individuals with more than $5 million net assets) now has over 3 million members.  

Here Relevance dives deeper into the biggest yacht market trends expected to emerge in 2022 and beyond. 

Yacht Charter: 2022 Trends

When it came to the charter market, top superyacht brokerage houses noted a substantial increase in first-time yacht charter clients in 2020 and 2021. In fact, new charter clients made up around 40% of the luxury charter market this year. 

Speaking at the Fraser conference at the Monaco Yacht Show 2021, Mark Duncan, Fraser Director of Marketing & Business Development, hopes that this demand will continue for the foreseeable future. 

“Judging by the feedback, especially from those first-time charterers this year, the experience they all enjoyed together seems to have really resonated with them,” Duncan said. “Some of those charterers booked, not for one week or 10-day charters, but three weeks and, on a few occasions, more than a month – they homeschooled on board, they worked on board. They re-positioned lives to being at sea and onboard and loved it. So long may it last.” 

The reasons behind these shifts over the past couple of years are clear. The yacht ownership and charter landscape changed in 2020 and 2021, largely due to the global pandemic. 

With the worldwide population facing restrictions on movement unprecedented in modern times, several trends in yachting emerged – the majority of which experts agree will continue into 2022 and beyond. 

When it comes to cruising behaviour, the world’s top yacht brokers and superyacht charter experts note a rise in multi-generational travel, with a surge of clients looking to spend increased quality time with loved ones. 

Charter Destination Trends

In tandem with a heightened priority for family-centred and increasingly extended periods at sea, more and more yacht clients are seeking pristine natural environments to spend their time, with a rise in interest in off-the-beaten-track destinations away from the busy superyacht hotspots. 

Again, the reasons behind this yacht market trend are obvious. As the weeks and then the months went by bunkered down in the same location, the advantages of a superyacht became crystal clear. A superyacht offers an isolated environment, a safe place to spend extended periods with family and friends while also allowing a sense of total freedom. 

Of course, a luxury yacht has long been the epitome of freedom, but with people stuck to one location like never before, it became more of a serious option for many in the game for a superyacht experience. With the COVID-19 pandemic still very much a global issue, it is a safe bet that the superyacht charter market will continue to grow and attract new clients. 

Sustainability: The Future is Green

Sustainability has been a hot topic for the past few years, though it’s clear that the need for sustainable solutions in superyachting is growing. 

Environmental awareness spans every level of the superyacht experience, from owner and charter client to shipyard and broker. In response to this growing necessity, the yachting industry is responding. 

Some of the most sustainable yachts in the past 10 years include Feadship’s 83-metre M/Y SAVANNAH. Delivered in 2015, M/Y SAVANNAH boasted 30% lower fuel consumption than her competitors and featured Feadship’s innovative Breathe propulsion system. Delivered in the same year was the 76.6-metre M/Y Yersin built by French shipyard Piriou. YERSIN is one of the world’s cleanest vessels, with her long list of sustainable features including emission-reducing filters on her engines to eradicate 99.8% of NOx and SOx emissions. Three years later, the 106-metre sailing yacht BLACK PEARL became the world’s first ‘zero impact’ yacht upon delivery from Oceanco in 2018, while in 2020, Nobiskrug’s 80-metre M/Y ARTEFACT features solar panels, diesel-electric propulsion system with lithium batteries, which reduces emissions by up to 30%.

And sustainable solutions are only becoming more prevalent in the future. Looking to the yacht market in 2022 and beyond, Dutch shipyard Oceanco recently commented that of the five 100+ metre superyachts currently under construction, all include trailblazing sustainable solutions, from alternative propulsion solutions and fuel sources to increased electrification and battery usage for reduced carbon emissions. 

Fellow Dutch superyacht shipyard Feadship has noted similar sentiments, while Amels revealed that their latest superyacht under construction – the 120-metre Project Signature designed by Espen Oeino – will be one of the greenest and most ecological vessels out there upon delivery in 2025. 

Sustainable Technology Across the Board

But sustainable futures are not just reserved for the large yacht builders. When it comes to the implementation of even newer sustainable superyacht technology, smaller brands like Hynova in France are also paving the way. 

With the first models set to hit the water in the near future, Hynova aims to launch the very first brand of boats featuring electro-hydrogen propulsion. Sunreef Yachts, the renowned luxury catamaran builder, unveiled the 100 Eco Catamaran in summer 2021, while the Italian yacht builder Fabiani Yachts revealed their new hybrid yacht range at the Cannes Yachting Festival 2021. 

The new Fabiana Yachts Hybrid models range from 21 to 30-metres and feature solar panels intelligently integrated into the structure of the boat – the latter a feature seen in more yacht designs and future concepts. From 80+ metre superyachts to 21-metre day boats and everything in between, it’s clear that when it comes to the future of the industry, the yacht market is on the path to going green. 

Yacht Market: Luxury Technology

It’s not only engineering and propulsion that is facing significant innovation on board the superyachts of the future. Onboard technology is also being paid more attention than ever before – from an increase in demand for yacht toys and tenders that offer unique experiences, such as personal submarines and hydrofoil tenders, to smart technology products that enhance the everyday experience of life on board. One brand to look out for is YachtCloud, creators of luxury technology catered to the seven-star environments of superyachts. GEST, their service call device, is a fantastic example of the progression of technology, and how that technology enhances the experience onboard. Custom programmed to fit each client’s specific needs and wishes, GEST service call devices also feature a bespoke premium design, meaning that they fit seamlessly into the prestigious environments they are surrounded by. 

Relevance Yacht is a dedicated yacht marketing agency that works with international yachting clients across the full digital marketing ecosystem. Our team of yacht marketing specialists help clients reach their target audiences via data-led, hyper-targeted campaigns that drive positive action. For more information on how we can upgrade your marketing strategy, get in touch with our yachting experts today.

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• Open Space, Eco-Friendly Tech: What a Rising Class of Millennial Superyacht Owners Is Looking For

Surveys predict that, 10 years from now, the average age of a superyacht buyer will be 35 to 40.

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Ten years from now, Millennials will have taken over the superyacht world. At least that’s the forecast by several experts who are seeing ages of yacht buyers trending younger.

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That trend is expected to continue, according to research from Italian yacht builder Rossinavi and the University of Monaco, with the average age of superyacht buyers decreasing 10 to 15 years over the next decade. That could make Millennials the primary buyers of superyachts.

The topic of younger buyers is a constant discussion in shipyard boardrooms and among designers looking to modify their designs to this changing market. It was also one of the topics at the recent Yachtmaster event in Key West, hosted by Benetti Yachts . Benetti sponsors Yachtmaster events twice a year (the European edition was in Budapest last month) to brief captains and other professionals on new trends in the superyacht industry.

“We have been doing this event for 24 years now,” Benetti Americas manager Nick Bischoff told Robb Report . “The intent is to continue to build relationships with influencers of our current and prospective owners. In the beginning that meant mostly captains, but it’s expanded to include surveyors and owners’ reps, too.” The ultimate goal, says Bischoff, is for participants not only to network, but “put their heads together to create an ever-improving onboard experience both for owners and crew.”

Many seminars focused on the concept of onboard lifestyle, which most brokers and shipyards see as a primary driver for purchasing a yacht. Benetti’s head of product, Sebastiano Vida, also spoke about how lifestyle influences new designs in the yachts.

But Jason Dunbar, a broker and appraisal surveyor with Vessel Value Survey, recommended tough love to the brokers. His discussion about managing expectations for newbie owners included advice about being “realistic” with owners who are flush with cash, but might be new to the superyacht world. If an owner wants a brand-new 120-footer with a crew of six, but has a budget of $8 million, the broker is the one who needs to break the bad news. “A good broker has to tell people ‘Listen, that’s just not going to happen,’” says Dunbar. “That will save a lot of headaches down the road and will hopefully keep a client in boating for the long term.”

A new buyer is often coming off a one-week charter that was magical: perfect weather, a well-oiled boat, and a crew looking forward to a little R&R after hustling all week for the charter guests. “It’s relatively easy to make things work like that one week at a time,” says Dunbar. “But a new owner who wants to use their boat for 10, 15, or 30 weeks, that’s a totally different thing. You may have to tell them they need to hire two crews and rotate them—which will be news to them.” He said that overworking the crew will “burn through humans.” The crew will be miserable, he says, which will make the boat not live up to the owners’ expectations. “The next thing you know these new owners will be long gone from yachting.”

Fraser Yachts CEO Anders Kurtén sees the new buyers as a boon for design creativity in an old-school industry. “It starts with a piece of paper,” he says. “We sit down and start designing these boats for younger clients and we see similar trends. Basically they all want to live their shore-based lives on a yacht.”

The segmented and often claustrophobic interiors of many current superyacht designs, says Dirand, just doesn’t float with the new generation. “Young owners’ preferences are honed by hospitality and a knowledge of architectural trends,” he says.

Because of that, wellness centers have become focal points of design. As moguls like Jeff Bezos and Mark Zuckerberg have made clear as of late, having six-pack abs in middle age is the new Lamborghini. These new owners expect their boats to be designed with beach clubs with gyms, saunas, massage areas that allow owners and guests to work out or relax, amidst warm sun rays and luscious sea breezes.

Kurtén also pointed to green tech as key for the new generation of clients. “We’ve hit a point where a 150-foot sailboat can go across the Atlantic without burning a drop of fuel. And motoryachts can function on battery-only mode, at least when they are close to port,” he says. “That’s important to these new clients—they want to be green. A few years ago that was something you said at a cocktail party, but today it’s a reality for a lot of buyers.”

Peter Selivanoff, senior yacht service manager for Fraser, also spoke about how owners are seeking highly specialized crews who can perform multiple functions across the yacht.

Navigating these new realities is an important part for the industry to future-proof itself in the competitive realm of ultra-luxury products. This is a place where youth may not spring eternal but, at least for now, it reigns supreme.

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The owner of a $3.4 million Lamborghini yacht screamed 'I will kill you' and threw $100 bills into the water when told he couldn't use a private dock

• The owner of a Lamborghini yacht threatened a private dock employee, per CBS8.
• The employee said Ajay Thakore mooned and threw cash at him after being told he couldn't use the dock.
• Thakore, the CEO of Doctor Multimedia, issued an apology through his public relations team.

The owner of a $3.4 million Lamborghini yacht threatened a private dock employee after being told he couldn't be there, the San Diego-based broadcaster CBS8 reported on March 11.

Joseph Holt, a 21-year-old employee at Marriot Marina in San Diego, told CBS8 that he spotted the yacht sailing into the private dock. The owner, whom CBS8 identified as Ajay Thakore, tried to pick another person up at the dock, Holt said.

"I told him respectfully that he couldn't be there, and I honestly was hoping to have a conversation with him about his cool boat," Holt told CBS8.

In a YouTube video posted by @SM-wc9eq on March 10, a dark blue Tecnomar for Lamborghini 63 is seen sailing out of a dock. A man in a gray T-shirt, a pair of jeans, and a cap was shown standing on the yacht. The man appeared to be Thakore, per CBS8.

Thakore was shown shouting at Holt. "I will kill you, you know I will kill you!" he can be heard saying multiple times in the video

Thakore was later shown pounding his fist on his palm and pointing his thumb down before telling Holt: "To your face!" Holt was shown responding by pointing his middle finger at Thakore.

"I really was trying to restrain myself from getting fired from my job or stepping out of line. The only thing I did was give him the bird," Holt told CBS8.

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Holt said Thakore then took $100 bills from his wallet and threw them at him. He added that Thakore mooned him. This exchange was not shown in the video.

"He was saying I'm nobody, I'm nothing, I work a silly job. He said that he knows people, he has connections, he can change my life and ruin it," Holt said. Holt did not immediately respond to Business Insider's request for comment.

The San Diego Harbor Police arrived at the marina 10 minutes after Thakore's yacht exited the dock, per CBS8.

The Harbor Police told Business Insider that Holt decided to press charges against Thakore and that they are investigating the incident.

According to Thakore's LinkedIn page , he's the CEO of Doctor Multimedia. The company's website shows that it's a healthcare marketing firm based in San Diego. Thakore appears to go by the name Ace Rogers on Instagram and TikTok, where he's noted as being a professional gambler.

Thakore, through his public relations team, told CBS8 in a statement that his altercation with Holt was "regrettable."

"What started as a minor misunderstanding escalated into an argument, and I apologize for my actions and to those who witnessed the unfortunate exchange," the statement said. Thakore did not immediately respond to a request for comment from BI.

Thakore isn't the only CEO who's been called out for threatening another person. In November 2021, an Activision spokesperson told BI that its ex-CEO Bobby Kotick had previously apologized for telling his assistant he would have her killed. The spokesperson added that Kotick's threat was "obviously hyperbolic and inappropriate" and that "he deeply regrets the exaggeration and tone."

In June 2020, Lisa Alexander, the CEO of LaFace Skincare, a cosmetics company, apologized in a statement to the media after she had threatened to call the police on her neighbor for writing "Black Lives Matter" on his property. Alexander said in the apology that she was "disrespectful" and "should have minded my own business."

March 21, 2024: This story has been updated with Harbor Police's comments.

Watch: The scariest things OceanGate's CEO said about deep-sea diving

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'Negligence' by Caribbean police blamed in murders of Americans on yacht: prime minister

T hree Caribbean prison escapees, who allegedly killed an American couple, were placed in the wrong cells that were less secure, despite warnings they were dangerous and flight risks, the Grenada prime minister said this week.

Ron Mitchell, 30, Trevon Robertson, 23, and Abita Stanislaus, 25, were supposed to be placed in individual jail cells that had a "secure locking mechanism," Prime Minister Dickon Mitchell said.

Instead, they were "in a corridor" with burglar bars that suspects bent and broke free from South St. George Police Station on Feb. 18, according to Mitchell, who added that four officers were arrested. 

"It is clear that had the men been placed in the individual locking cells which had proper functioning locking mechanisms, they would not have escaped or had the opportunity to escape," the prime minister said. "The investigation concluded … human error, primarily in the form of negligence, played a pivotal role in the escape."

SUSPECTS IN AMERICANS' CARIBBEAN YACHT HIJACKING CHARGED WITH MURDER, RAPE OF MISSING COUPLE

The fleeing suspects hijacked Ralph Hendry and Kathy Brandel's yacht during a violent altercation that allegedly included Brandel's rape. 

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The retired couple from Virginia were allegedly thrown overboard somewhere between Grenada, where the suspects escaped, and the island of St. Vincent, where they were ultimately recaptured. 

SUSPECT IN AMERICANS' CARIBBEAN YACHT HIJACKING SHOT DURING ARREST, 2 OTHER FOUNDS HIDING: REPORTS

"So far," four officers were arrested and charged with several crimes under the country's Police Act, including making a false statement, permitting the escape of prisoners and breaches of the Standing Orders, the prime minister said. 

"It is also clear that the leadership at the station is a matter that requires attention as well, and the commission of police has commissioned an investigation into the role of leadership at the time (of the escape)," Mitchell said during a March 13 press conference. 

Despite the negligence and arrests, Mitchell expressed his support for law enforcement and said "disrespecting the police will not be tolerated."

WATCH BLOODIED SUSPECT'S ARREST

Authorities still have not found Hendry or Brandel's bodies in the 70-plus miles of water between the two islands. 

Last week, the suspects were returned to Grenada, where they were all charged with two counts of capital murder , escaping lawful custody, housebreaking, robbery and two counts of kidnapping. Stanislaus was also charged with rape. 

BLOODIED SUSPECT IN MISSING AMERICANS' CARIBBEAN YACHT HIJACKING TOSSED INTO TRUCK DURING ARREST, VIDEO SHOWS

Robertson was shot by police on St. Vincent during his arrest. 

Police said he reached for an officer's gun, according to Searchlight and other local outlets, but he denied this narrative during his court appearance. 

"I never wrestle with no officer," he reportedly told the judge. "The officer throw me on the ground and just shoot me on me foot, you understand? I never wrestle with no police, you understand?"

The beloved couple's yacht – "Simplicity" – was docked off Grand Anse Beach in Grenada, a popular tourist hot spot that the couple sailed to, when the suspects allegedly took the vessel by force as part of their getaway.

Their sons, Nick Buro and Bryan Hendry, talked about their parents' impact on them and others in previous interviews. 

BLOOD FOUND ON KIDNAPPED AMERICANS' YACHT DURING CARIBBEAN PRISON ESCAPE: ‘PRESUMED DEAD’

"Ralph and Kathy lived a life that most of us can only dream of," they said in a heartfelt message.

They sailed off the eastern coast of the United States and "made friends with everyone they encountered, singing, dancing and laughing with friends and family."

"That's who Ralph and Kathy were and that’s how they will be remembered in our hearts," they said. "We live in a world that at times can be cruel, but it’s also a world of profound beauty, wonder, adventure, love, compassion, caring and faith. 

"Our parents encompassed all those values and so much more."

Original article source: 'Negligence' by Caribbean police blamed in murders of Americans on yacht: prime minister