The Jumbo Seafood restaurant was towed from Aberdeen on June 14, 2022. It was originally planned to go to a Southeast Asian country for repairs. There was a report of a “sudden sinking” of the ship while underway. However, days later the Navy Department said the “boat” was still “afloat” around the waters near the Parcel Islands.

On June 21, 2022, the Sing Tao Daily, on its Chinese American website, quoted Philip Mak Shun-pong (麥順邦), Chairman of the Hong Kong Insurance Professionals Association (HKIPA), that the insured amount of said products from the sea ​​boat is estimated to be worth at least HK$100 million (US$12.8 million). Conspiracy theories circulating on the internet suggested that by letting the boat sink, the owner could not only save millions of dollars each year in maintenance costs, but also earn through insurance claims.

However, on June 26, Hong Kong 01 reported that the owner of the boat, The Aberdeen Catering Group, had issued another statement, clarifying that the boat itself only holds insurance to indemnify and indemnify third parties, which does not does not include any compensation for losses incurred. by its owning company. In other words, the Group will not receive a single penny of compensation for the damage, and in the worst case, the sinking, of the seafood boat.

The Group also said that before the boat left port, it hired marine engineering experts to fully inspect the hull and install palisades on all sides. Airworthiness approval had been obtained from the authorities. To make the trip doubly safe, they also hired a professional tug company to supervise it throughout the journey. However, due to extreme weather conditions, as soon as it entered the waters near the Parcel Islands, the hull began to let water in. The tug attempted the rescue but was unsuccessful, and the boat eventually fell and capsized.

The Group also pointed out that, shortly after the accident, it submitted a maritime accident report to the Navy Department. The local Sansha Maritime Safety Administration (三沙) was also aware of the report and was following the incident closely. After reviewing local and international maritime rules and regulations, appropriate action will be taken to follow up. The tug is always close to the seafood boat, i.e. near the Parcel Islands, to help maintain the safety of the waterway.