Burial at sea...

There once was a famous huge floating restaurant in the Hong Kong harbor. It was 260 feet long and had been there over 40 years serving Cantonese cuisine to more than 3 million guests.
I'm unsure if it's technically a boat or barge, but it was closed in 2020 due to the pandemic and the company laid off all their staff. This became a financial burden to the owners/shareholders, although it was closed, they were spending millions on maintenance and inspections. They decided to have it towed to a new lower-cost location. Prior to the departure, the vessel had been thoroughly inspected by marine engineers and all relevant approvals were obtained.
On it's way to the new location the restaurant encountered 'adverse conditions' and water entered the vessel making it tip. Unable to right-side it, the restaurant capsized in the South China Sea at a depth of over 1,000 meters (3,300 feet) making salvage works very difficult to carry out.

My thought... was this 'Burial at sea' really planned as a financial write off?

Oops...

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chatillion

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created Jun 2022
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