The 100 meter long, 7716 dwt freighter New Lucky III became disabled near Bail, Taiwan.   The freighter was battered by high winds and rough seas when it developed a dangerous list.   The cargo of logs on board had shifted causing the New Lucky III to become unmanageable.  The vessel quickly lost power and the list continued to increase. The New Lucky III sent out a distress call with the Taiwan National Search and Rescue Command responding.  Aircraft and rescue boats were quickly dispatched to the scene.   A helicopter rescued seven crew men while another nine men were rescued by a Coast Guard vessel.   The master of the New Lucky III was listed as missing when he was swept overboard during the rescue operations.   The last report stated the New Lucky III was still adrift.