On 11/4/1998 , the vessel CAPE ANCHOR (Official Number 803720) was involved in a risk of sinking in ALONGSIDE THE WHARF AT NAIN, LABRADOR,.

The vessel, with 0 persons on board, experienced the incident while engaged in regular operations. There were 0 injuries and fatalities were reported, and there was minor pollution.

Vessel sank alongside the wharf in Nain after taking on water. Later refloated. There was no pollution reported.. Damage to the vessel was indicated as CONSTRUCTIVE TOTAL LOSS

Weather at the time was reported as clear. This incident was officially recorded by Transport Canada on 12/20/1998.