Alerts Sign-up
The Malaysian government has accepted a proposal from marine company Ocean Infinity to renew the search for Malaysia Airlines Flight MH370, which vanished over ten years ago. The flight disappeared after leaving Kuala Lumpur bound for Beijing. Despite numerous search efforts, the main wreckage remains undiscovered, although some components have been found washed ashore.
Transport Minister Anthony Loke announced that Malaysia has agreed in principle to Ocean Infinity's second proposal to search for the missing Boeing 777 in the Southern Indian Ocean. Ocean Infinity was previously involved in a search in 2018 but did not find the aircraft's main wreckage.
Ocean Infinity's latest proposal operates on a "no-find, no-fee" basis, meaning payment of $70 million is contingent upon finding the wreckage. Loke stated, "The Cabinet has agreed in principle to accept Ocean Infinity’s proposal to resume the search for MH370’s wreckage in a new search area estimated at 15,000km (9,320 miles) per square based on the no-find-no-fee principle. This means the government will not have to pay unless the wreckage is found."
