On 11/10/2001, the vessel IVER PROSPERITY (Official Number 1608) was involved in a total failure of any machinery or technical system in BUOY TA, SANDHEADS, FRASER RIVER, B.C., BRITISH COLUMBIA (BC).

The vessel, with 24 persons on board, experienced the incident while engaged in regular operations. There were 0 injuries and fatalities were reported, and there was none pollution.

On 10 November, 2001, the Deep Sea Tanker "IVER PROSPERITY" reported to have a mechanical malfuntion near Sandheads, B.C.. Damage to the vessel was indicated as NONE APPARENT

Weather at the time was reported as clear with winds from the NW at 3.00 knots. This incident was officially recorded by Transport Canada on 11/19/2001.