Incident attributed to adverse weather. No crew was onboard.
A three-story vessel, Jumbo Kingdom was established in 1976 after a purse of HK$30 million was spent to design and build it.
According to the SCMP, the government in Hong Kong has ambitious plans to reinvigorate trade and tourism in the area but refuses to get involved in the business of operating a restaurant. With no financial aid, the restaurant's owners decided last month to tow the boat away from Hong Kong waters to reduce their expenditures, although it did not specify where.
Xisha Islands on Saturday, 18th of June. Also known as the Paracel Islands, the location is nearly 372 nautical miles from the point of origin, SCMP reported. At this point, water started entering the vessel, and the boat began to tip. Despite efforts of the towing company to rescue it, the the following day.No members of the crew were present on the ship that was being towed to an undisclosed location in Southeast Asia.
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