On 2/17/2001 , the vessel RYCO (Official Number 812978) was involved in a risk of sinking in 13 MILES SW OF PORT SAUNDERS, NEWFOUNDLAND, NEWFOUNDLAND AND LABRADOR (NL).

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 unknown pollution.

The "F/V RYCO" was taking on water when a transducer broke off the bottom of her hull due to ice conditions. Vessel was escorted by a CCG icebreaker to Rocky Harbour, Newfoundland and then released.. Damage to the vessel was indicated as HOLED

Weather at the time was reported as snow with winds from the W at 40.00 knots. This incident was officially recorded by Transport Canada on 10/11/2001.