Slow Note from a Sinking Ship is Portastatic's second studio album.

[2] The album was recorded at Duck Kee Studios by Jerry Kee, except "Skinny Glasses Girl", "The Angels of Sleep", "Spooky", "Running Water" and "Isn't That The Way", which were recorded by Mac McCaughan on a Tascam 424 4-Track cassette recorder "with little or no engineering involved."

The CD and vinyl versions of the album had different track listings and running orders.

"Spooky" and the hidden track appear on the CD only.

In addition the second side of the vinyl LP ends with an endless loop of synth sound from the ending of "In The Manner of Anne Frank."