On 7/29/2002 , the vessel TIME OUT (Official Number 821442) was involved in a total failure of any machinery or technical system in 18 NM SSE OF SHEET HARBOUR, NOVA SCOTIA,.

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 pollution.

The F/V "TIME OUT" with 3 POB was reported disabled with a broken propeller shaft. Vessel was subsequently towed to Sheet Harbour, Nova Scotia.. Damage to the vessel was indicated as UNKNOWN

Weather at the time was reported as unknown. This incident was officially recorded by Transport Canada on 7/30/2002 .