On 4/4/1998 1, the vessel OCEAN WAY (Official Number 802323) was involved in a risk of sinking in 5 NM WEST OF CAPE ST. FRANCIS, NFLD,.
The vessel, with 10 persons on board, experienced the incident while engaged in regular operations. Fortunately, the ship was able to continue its voyage. No injuries or fatalities were reported, and there was pollution.
This incident was officially recorded by Transport Canada on 5/25/1998 . Weather at the time was reported as fog with winds from the SE at 35.00 knots.
Vessel reported listing severely in rough seas. The 10 crew abandoned and all were rescued by the F/V ASHLEY & BROTHERS. The vessel sank.