The Cabinet has agreed in principle to resume search operations for the missing Malaysia Airlines Flight MH370, more than 10 years after it disappeared in one of the world's greatest aviation mysteries.
Transport Minister Anthony Loke said Malaysia had assessed new data on the possible location from multiple experts and Ocean Infinity was confident about the chances of locating the wreckage.
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Transport Minister Anthony Loke said Malaysia had assessed new data on the possible location from multiple experts and Ocean Infinity was confident about the chances of locating the wreckage.
Read more at https://tinyurl.com/3n5t87um
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
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NewsTranscript
00:00On 13 December 2024, the Cabinet has agreed in principle to accept the proposal from Ocean
00:12Infinity United Kingdom to proceed with seabed search operations to locate the wreckage of
00:20Flight MH370 in a new area estimated at 15,000 square kilometres in the southern Indian Ocean.
00:28This endeavour will be based on the no fine, no fee principle. Under this principle,
00:35the Malaysian Government would not be required to pay Ocean Infinity any fees unless the wreckage
00:41of the aircraft is discovered. The proposed new search area identified by Ocean Infinity
00:49is based on the latest information and data analysis conducted by experts and researchers.
00:56The company's proposal is credible and merits further examination by the Malaysian Government
01:02as a state of registration for MH370. The Ministry of Transport is currently negotiating the terms
01:10and conditions of the agreement with Ocean Infinity, which is expected to be finalised
01:15in early 2025. These decisions reflect the Malaysian Government's commitment to continuing
01:22the search operation and providing closure for the families of MH370 passengers.
01:52Of course, the contract will last for 18 months and all the other terms and conditions will be
01:59finalised. Right now, it is being brought to our AG Chambers to vet through the contract
02:07before it can be finalised and signed. Yes, the cost is still the same. It is
02:16USD70 million if the wreckage is found.
03:16you