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At the time of the sinking, the Katmai was traveling through Amchitka Pass, about 120 miles west of Adak. It was heading toward Unalaska with 120,000 pounds of frozen cod when a severe storm hit. The Katmai lost its ability to steer, and the boat started taking in water just before midnight on October 21, 2008.
The investigation into the sinking of the Fishing Vessel Katmai is officially over. The National Transportation Safety Board released their report on the disaster, and it concluded that the boat had a number of stability problems that made it unable to withstand extreme storm conditions in the Bering Sea.