On 11/30/2014, the vessel LADY WALLACE (Official Number 814492) was involved in a sank - flooding in Seal Island, NS, NOVA SCOTIA (NS).

The vessel, with 4 persons on board, experienced the incident while engaged in regular operations. No injuries or fatalities were reported, and there was minor pollution.

On 30 November 2014, the fishing vessel "LADY WALLACE", with 4 people on board, sunk by the stern and capsized while preparing to set lobster traps 19 nautical miles west of Seal Island, NS. The captain and crew abandoned to a liferaft and were rescued by another fishing vessel. No injuries reported.. Damage to the vessel was indicated as TOTAL LOSS

Weather at the time was reported as clear with winds from the SW at knots. This incident was officially recorded by Transport Canada on 11/30/2014.