On 9/1/1998 1, the vessel CAPE DRIFTER (Official Number 809378) was involved in a sank - founders (taking on water above the waterline) in 10 NM NW OF WOOD ISLANDS,.

The vessel, with 0 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 unknown pollution.

This incident was officially recorded by Transport Canada on 9/1/1998 1. Weather at the time was reported as .

Vessel reported swamped and presently under tow to Beach Point, PEI. It was reported the vessel was heavily laden with Herring at the time. The two crewmembers were rescued by the fishing vessel NORTHUMBERLAND QUEEN.