On 5/1/2004 1, the vessel FUNDY LEADER (Official Number 823830) was involved in a sank - flooding in 50 NM SOUTHWEST OF YARMOUTH, NS,.

The vessel, with 3 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 7/16/2004 . Weather at the time was reported as clear with winds from the SW at 20.00 knots.

The F/V "FUNDY LEADER" was reported to have sunk while hauling their catch onboard. The three POB successfully abandoned into a liferaft, and were picked up a short time later by the F/V "SCOTIA MARINER".