Mr Justice Teare has called on the maritime regulatory authorities to tighten the rules governing the inspection of yachts.

The Cheeki Rafiki lost its keel as the crew were returning the 40ft yacht from Antigua to the UK in May 2014, they encountered trouble 1,000 miles from the United States with all four crew members tragically losing their lives.

In sentencing the owner of Cheeki Rafki, Douglas Innes, the judge told the father-of-two that ‘cost-cutting had led his actions, and his failure to have his yacht surveyed was a serious act of negligence’.