At 01.16 hours on 13 Jan 1942 the unescorted Frisco (Master Thor Thorsen) was hit on the port side ahead of the bridge by one torpedo from U-130 off Nova Scotia. The explosion opened a large hole below the water line and killed one seaman on lookout duty. Due to the proximity of the coast the U-boat fired a coup de grâce from a stern tube after 5 minutes that hit on the port side aft of the bridge, setting the vessel on fire and killing the master and both deck officers. The ship developed a heavy list to port and settled slowly until she sank around 03.30 hours. The survivors abandoned ship in the two lifeboats, but they were separated shortly thereafter. In the afternoon of 14 January, six survivors in one of the lifeboats were picked up by the Faroese schooner Mjoanes in 46°24N/57°20W and taken to North Sydney, arriving two days later. The other lifeboat occupied with 9 men was never seen again.