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It is a phrase commonly used when a person holds negative or confidential information about you and ends up blurting it out to people who really don't need to know.
This can take place during big surprises and important events in life such as meeting with a potential employer or even in an attempt of scoring a first date with a gorgeous male/female.
This can cause extreme awkwardness and possibly even fatal depending on the circumstances but by stating this phrase you can state the fact that the person who opened his mouth shouldn't have said anything, even though the damage has already been delt.
Unemployed Man: "Hello there, I would like to sechedule an interview with you for a potential opportunity for employment at this business."
U.M.'s Friend (on phone in background): "Yo man, we'll bring you that dime sack of weed as soon as he gets done talkin' to this googly lookin' lady about some stupid job to support his family."
Unemployed Man: "You're sinking the ship bro."
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Potential Female: "Aww thanks David for this beautiful ring! I bet it costed a fortune!"
Charlie (standing next to David): "Thank God for clearance bins at Wal-Mart."
David: "Charlie, You're sinking the ship, man."
Charlie: "Dohhh! Crap!"
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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.
when you take a puff of weed and keep it in, then you take a shot or a big chug of beer and then let out the smoke.
Hey i got some beer and weed, you wana sink the ship?
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whatever sinks your ship is a cool way to say whatever floats your boat, this phrase will confuse everyone around you . :)
guy 1: man i love this milkshake.
guy 2: well whatever sinks your ship
guy 3: what ?!?!?!?!?!
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A sarcastic variation of the phrase whatever floats your boat. Used in place of 'whatever floats your boat' when someone's preferences are harmful or you simply disagree with them.
Sammy: You should break up with Lex, she treats you like shit all the time.
Mark: Haha, she doesn't mean it. She only teases me cuz she likes me.
Sammy: Yeah... whatever sinks your ship, man.
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!
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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.