The well known painting of HMS Li Wo
in action against the Japanese invasion force, depicts the transport in question with 4 Japanese symbols painted on her side. Could this, which I read as Ha-Ko-Ka-Ze (read from right to left of course), possibly give a clue as to the identity of that ship? Needless to say there is no record of a Hakokaze Maru
to be found anywhere.
The List of Ships sunk in February 1942,https://en.wikipedia.org/wiki/List_of_shipwrecks_in_February_1942
does show HMS Li Wo
but apart from Inabasun Maru
sank North of Sumatra by RAF bombers on the same day, no other Japanese vessels are listed on the 14th or soon afterwards.The IJN warships involved were the light cruiser Yura
and the destroyers Fubuki