Jumbo Floating Restaurant leaves Hong Kong last week. Photo: Felix Wong
Jumbo Floating Restaurant leaves Hong Kong last week. Photo: Felix Wong

Owner of Hong Kong’s iconic Jumbo Floating Restaurant could claim compensation if vessel had been insured, analysts say

  • Experts say owner could seek compensation for total loss, but it might leave vessel in South China Sea as salvage costs would exceed its market value
  • Given vessel’s age and complex structure, owner might have had difficulty finding an insurer, they add

Jumbo Floating Restaurant leaves Hong Kong last week. Photo: Felix Wong
Jumbo Floating Restaurant leaves Hong Kong last week. Photo: Felix Wong
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