the Herald reports that a fire occurred on the AlgoNova 9am this morning, 83km North of Gaspe. JRCC Dispatched a helo  and a C-130 from Greenwood, to the Honuedo Straight.

AlgoNova departed Halifax on Friday. Another Commercial Vessel and a CCGS Ship were also standing by to render assistance.

AlgoNova was built in 2008. She was Bound for Quebec.

UPDATE: Tug Ocean Arctique underway to offer assistance and possibly escort to Sydney.

UPDATE: No Additional News, However identical twin vessel Algo Canada suffered an explosion in 2009 after tanks were improperly vented using a procedure that was valid for Algoscotia, but not Algocanada due to differing equipment designs. TSB Report can be found Here

UPDATE: 21 January 2014 — The Transportation Safety Board of Canada (TSB) is deploying a team of investigators to Sydney, Nova Scotia, to investigate a fire that occurred on board the tanker vessel Algonova. The TSB will gather information and assess the occurrence.