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Investigations are still underway into the missing Pandaw vessel, RV Pandaw Saigon, which has been missing since 21 December last year.

The river cruise line, which mostly sails around Asia, announced earlier this month that the ship had sunk while being towed to Singapore.

However, less than a week later the company’s founder Paul Strachan posted a $25,000 reward for any information leading to the recover of the ship, suggesting that it had not sunk but instead gone missing.

A Pandaw spokesperson confirmed to Cruise Passenger that the line believes the vessel was stolen.

“We think it was stolen,” he said.

When asked if anyone on the tugboats towing the ship to Singapore had witnessed the theft, the spokesperson said, “tug people said it sank”.

“Investigations are still ongoing,” the spokesperson explained.

Keep an eye on Cruise Passenger for more information as it comes to hand.