Operator of V1 was traveling south into Sally Hand Cove heading toward V2.  V1 operator stated the steering went out and he tried to turn to avoid a collision but could not.  V2 operator confirmed that V1 was coming straight toward him; and V2 attempted to turn hard to the right to avoid the collision.  Due to V1 operator inexperience, off throttle steering is believed to be the factor as there was no mechanical issues found with V1's steering.
NORFORK