By

Victoria Hansen

A still photo from a video recording shows the OceanGate Titan submersible on the ocean floor following an implosion in 2023. Five people died in the accident.

CHARLESTON, S.C. — Two years after passengers hoping for a glimpse of the Titanic wreckage lost their lives in the Titan submersible implosion off the coast of Newfoundland, Canada, the U.S. Coast Guard issued a scathing report Tuesday, saying the tragedy should have never happened.

"This marine casualty and the loss of five lives was preventable," Titan Marine Board Investigation Chair Jason Neubauer said in a statement. "The two-year investigation has identified multiple contributing factors that led to this tragedy."