CREATE TABLE table_203_148 (id DECIMAL, "date" TEXT, "name" TEXT, "nationality" TEXT, "tonnage\ ( grt ) " DECIMAL, "fate" TEXT)

what was the top -lrb- most frequent -rrb- fate reported for losses ?
SELECT "fate" FROM table_203_148 GROUP BY "fate" ORDER BY COUNT(*) DESC LIMIT 1
SELECT "fate" FROM "table_203_148" GROUP BY "fate" ORDER BY COUNT(*) DESC NULLS LAST LIMIT 1