PUTRAJAYA, 19 March 2025 – The Cabinet today approved the terms and conditions of an agreement with UK-based company Ocean Infinity to continue efforts to locate the wreckage of Malaysia Airlines flight MH370, which has been missing since 8 March 2014.
Transport Minister Loke Siew Fook, in an official statement, said the decision allows the Ministry of Transport to sign an agreement with Ocean Infinity to commence search operations in a new area spanning 15,000 square kilometers in the Southern Indian Ocean. The operation will be conducted on a “no find, no fee” basis, meaning no payment will be charged to the government if the aircraft wreckage is not found.
“The government will only pay a fee of USD70 million to Ocean Infinity if the MH370 wreckage is successfully located,” Loke said during a press conference following the cabinet meeting.
He emphasized that the government remains committed to continuing this search effort to provide closure to the families of the passengers and crew affected by the tragedy.
Flight MH370, carrying 239 passengers and crew, disappeared from radar while en route from Kuala Lumpur to Beijing, and it remains one of the greatest aviation mysteries in the world to this day.
With this approval, hopes of resolving the mystery have been reignited through collaboration with Ocean Infinity, which previously participated in a search mission in 2018.
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