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Unfortunately during Co-Op if both players are using Vampire Coast factions and both receive the "An Ocean of Opportunities" mission at the same time, one cancels out the other. It's disappointing that only one player can do the mission since it seems like an interesting event.
I chose the Exotic Goods Faction, my co-op partner chose the Bretonnian one in the hopes we wouldn't impede each other, but the moment he accepted the mission it wiped out the Exotic Goods faction and aborted my own mission.