The Economic Times

Tragedy off America's oldest seaport claims 7 lives as fishing boat sinks in frigid waters

A fishing boat named Lily Jean sank off the coast of Gloucester, Massachusetts. Seven people lost their lives in the marine disaster. The sinking has brought attention to the inherent risks in Gloucester's centuries-old fishing industry. The U.S. Coast Guard is investigating the incident. The victims included experienced fishermen and a young fisheries observer.