I thought so. Per Free Republic, the yacht belongs to a supporter
I don’t have the thread though
The yacht was the
Cracker Bay, registered in the Cayman Islands; their civil yacht ensign is based on the British Red Ensign (like Bermuda's flag); and government vessels in the Caymans fly Blue Ensign, copying British usage. RMS
Titanic, as a Royal Mails ship, flew the Blue Ensign.
From Atlanticwire.com.