An English post-punk band, formed in 1979 and active from then until 1981. Their members were: Simon Brighton (guitarist)
Terry Welbourn (bassist)
Colin Hopkirk (vocalist)
Nick Green (drummer)
They are sometimes attributed to being the writers of The Most Mysterious Song on The Internet, due to two of their most famous songs (The Cinema Clock and Strangers) sounding similar, although this has been mostly debunked. Their songs are actually pretty good, I would recommend checking them out.
Person 1: Hey, what would you say is your favourite band?
Person 2: I'd have to say The Sinking Ships.

Person 1: Who?

Person 2: Criminally underrated group.
by Herr Shrek December 10, 2020
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A phrase used when a business is doing poorly due to lack of sales or bad management
Jim : Our store is becoming a Sinking Ship you need to kick it up a notch or I may have to replace you!
Chad : Even though I pleasure your ass with my dick I still might lose my job?
Jim : Yes I would miss our tickle time but your time may be limited with our company!
Chad : I guess it may be time for me to abandon this Sinking Ship!
Jim : I just hope your replacement has a 14 inch cock as well!
Chad : Yeah good luck with that!
by SlopNChop May 18, 2017
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When you're depressed, and you mention it to friends, sinking ship syndrome happens when they sort of start avoiding you, quit calling etc. Cuz even rats get off a sinking ship.
I confided in Sally when I told her I was really depressed, now suddenly she's not calling me anymore, doesn't want to hang out. It's the old sinking ship syndrome again.....
by Baddy666 March 7, 2011
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Band-term. After one band member decided to quit the band, all the other members already know that it's over but they decide to put up an add for a replacement anyway "just to see where we can take this anyway". After the new recruit joins this band with the enthousiasm of a young pup and probably got himself new "gear" just for this occasion, a month in or so after some half-assed rehearsals the whole band decides to call it quits.
"I got a new bass, a new amp, quit my job so I could make it to all the rehearsals, wrote five songs, and then they decide to quit!"

"Sounds like you we're boarding a sinking ship!"
by Anonymous Model September 21, 2009
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unguarded talk that can be used to do things that you might have known were possible if you told those that weren't suppose to hear it even if they wanted to know it
I didn't know it but my loose lips sinks ships and I had feelings about it but they could be for or against it
by Mr. Tellthe truth parrot July 9, 2010
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When you pee on a floating turd in a toilet bowl in an attempt to sink it.
I went to take a piss and found a log floating there, so I played a game of sink the ship.
by Mooseballs113 June 14, 2018
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