Hong Kong's iconic Jumbo floating restaurant has capsized in the South China Sea, its parent company said on Monday. The incident occurred less than a week after the three-story vessel was towed away from the city. . . .
"The water depth at the scene is over 1,000 meters (3,280 feet), making it extremely difficult to carry out salvage works," [the holding company] added. . . .
The restaurant was nearly 80 meters in length and was a popular attraction for well over forty years, having been opened in 1976 by the late casino tycoon Stanley Ho, and reportedly cost more than $3.8 million to build.
I have worked with insurance companies that went to extraordinary lengths, and expense, to access vessels on the bottom of the sea. Just so they can find evidence they were scuttled. But that was in depths of less than 300 m. At a 1000 m it used to be way too expensive to perform the same operations.
Much more cost effective measures were accomplished by taking a cyber magnifying glass at the humans on the surface. Much cheaper to spy on their communications.
Sounds like insurance fraud to me.
I'm gonna agree with this. Chinese takeover and Covid have basically killed Hong Kong tourism. Even the Hong Kong Sevens Tournament is falling apart - which is a shame because that is the best three day party I've ever attended.
Maybe it didn't sink?
The apparent shift in messaging follows a request from Hong Kong's Marine Department for the restaurant group to provide a written report into the incident as part of an initial investigation.
A spokesman for Aberdeen Restaurant Enterprises Limited told CNN on Friday it had always used the term "capsize" to describe the incident and had never claimed the vessel had sunk.
Asked whether this contradicted previous statements, the spokesman said the firm was required "to report the depth of the waters where (the incident) took place," and declined to answer whether this meant the vessel was salvageable or remained afloat.
Many more details in this article, including that it's also in question whether the thing is actually insured.