While we consider it our privilege to celebrate the best in superyachting, we also take note when things go less than perfectly as these can be great learning experiences.
From yacht fires to superyacht sinkings, see the biggest yacht disaster stories of the year so far.
1. Sunseeker Manhattan 50 sinks
It's the pictures of this yacht sinking that make it remarkable - this yachting disaster was even captured on video before the user pulled it from YouTube.
This Sunseeker Manhattan 50 sank off Ibiza in September, when she hit a submerged reef. The charter yacht had two on board, who got off unhurt.
Footage of the yacht at the bottom of the sea bed was captured by a diver for insurance purposes, but was later removed. It's not know what caused the accident, as the yacht was equipped with a full range of navigational equipment.
"It's the first time that it's happened in 20 years of chartering," said Tracey Furness of Lifestyle Charters, which charters the yacht. "What we need to be doing around here is marking all the reefs with buoys."