Malaysia

MH370: company offers ‘no cure, no fee’ deal to resume search operations

Ocean Infinity shares readiness to continue finding ill-fated plane

Updated 3 years ago · Published on 20 Jun 2022 8:33PM

MH370: company offers ‘no cure, no fee’ deal to resume search operations
On March 8, 2014, the Malaysia Airlines aircraft MH370 with 239 people on board left Kuala Lumpur International Airport for Beijing but vanished from the radar screen about two hours after its departure. – AFP pic, June 20, 2022

PUTRAJAYA – An Ocean Infinity top executive held a meeting with Transport Minister Datuk Seri Wee Ka Siong here today, as the marine robotics company shared its readiness to resume the search operation for the ill-fated Malaysia Airlines flight MH370 based on a “no cure, no fee” deal.

In a Facebook post, Wee said he had a meeting with the company’s chief executive officer Oliver Plunkett and representatives of the next of kin of MH370 victims at his office here, where Plunkett gave an update on the company's latest advances in technology, human talent, and capabilities compared to five years ago.

“He (Plunkett) shared Ocean Infinity readiness to resume the search operation of MH370 plane based on a ‘no cure, no fee’ deal, whereby payment is made only if the company finds the wreckage,” said Wee.

Wee said he had instructed the Transport Ministry officers to obtain further information from the company for deliberation before consulting on further decisions with the governments of Australia and China.

On March 8, 2014, the Malaysia Airlines aircraft MH370 with 239 people on board left Kuala Lumpur International Airport for Beijing but vanished from the radar screen about two hours after its departure.

Since then, several countries had launched large-scale search operations in the southern Indian Ocean but found no plane nor wreckage.

In October 2017, the Malaysian government released a statement that it was in discussion with Ocean Infinity to make a further underwater search in the area, on the basis of no fee if the wreckage was not found.

The search started in January 2018 and ended in June 2018 without finding the aircraft.

Wee said it was reiterated in the meeting that there must be new credible evidence before it could proceed with another search operation. – The Vibes, June 20, 2022

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