Yacht owners agree to $375K settlement for 2023 grounding at Honolua Bay

Hawaii’s Board of Land and Natural Resources approved a $375,000 settlement with the owners of the yacht Nakoa over its 2023 grounding at Honolua Bay. The 94-foot vessel ran aground in February 2023 after breaking free from its mooring, damaging coral and live rock along the shoreline. The settlement resolves the state’s case against the owners and their trust.