Cargo ship sank in Taiwan Strait, crew rescued UPDATE still afloat

Cargo ship (understood dry cargo), reported issuing distress signal early in the morning Sep 19 in Taiwan Strait. Vessel reported water ingress, sinking, requiring immediate assistance. Crew abandoned ship, all were rescued during large scale rescue operation. Ship’s status unknown, she may yet remain afloat.
UPDATE 1400 UTC Sep 19: The ship is afloat with working engine, though Master said engine was shut off. Authorities said they’re planning removal, towage.

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My name is Mikhail Voytenko, I’m Russian, professional merchant marine navigator, by education and former experience. I own and run Maritime Bulletin website for more than 10 years. I've been involved in solving a number of piracy hijack cases, including the hijack of ro-ro FAINA, loaded with tanks. It was me who made public, and unravel, freighter ARCTIC SEA mystery. I've been also closely involved in a number of maritime disaster, one of them being MSC FLAMINIA major fire.