Loke: Ocean Infinity To Propose New Search Plan For MH370 In May On A ‘No Cure, No Pay’ Basis

Transport Minister Anthony Loke announced today that marine robotics company Ocean Infinity will present a new search plan for the missing Malaysia Airlines flight MH370 to the ministry.

Loke said the US-based company will convene a meeting with him to present the plan, including a new search location.

“We will wait for their proposal and presentation, after which the ministry  will need to prepare a Cabinet paper to obtain approval in order to commit to it, Loke told newsmen in Putrajaya today (Mar 22), adding, “It is important to understand the principle of ‘no cure, no pay’. If they fail to locate the aircraft, no payment will be made. However, if there is a commitment (agreement) and if they succeed, compensation is required. This involves financial implications and requires Cabinet approval.”

Ocean Infinity previously conducted a search in the Indian Ocean in 2017 and concluded this in 2018.

Earlier, on March 3, Loke gave an assurance that his ministry would do everything possible to secure Cabinet approval for a new contract with Ocean Infinity to resume the search for MH370, which went missing 10 years ago.

The following day, Prime Minister Datuk Seri Anwar Ibrahim expressed Malaysia’s willingness to reopen the investigation into the missing aircraft should fresh and compelling evidence emerge.

The flight, carrying 239 people, disappeared from the radar on March 8, 2014, en route from Kuala Lumpur to Beijing.

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