On 8/8/2011 1, the vessel MAJOR EXPENSE I (Official Number 824829) was involved in a risk of sinking in THE GULLY FISHING GROUNDS, NS, NOVA SCOTIA (NS).

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 8/10/2011 . Weather at the time was reported as .

On 08 August 2011, the F/V "MAJOR EXPENSE I" was taking on water 72nm SW of Cape Sable Island, had lost all power and activated their EPIRB. CCGC Clarks Harbour dewatered the vessel and towed it to Clarks Harbour, NS.