AN Ocean Infinity top executive held a meeting with Transport Minister Wee Ka Siong in Putrajaya 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 Ocean Infinity chief executive officer Oliver Plunkett and representatives of the next of kin of MH370 victims at his Putrajaya office, where Plunkett gave an update on the company’s latest advances in technology, human talent, and capabilities compared with 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 has instructed Transport Ministry officers to obtain further information from Ocean Infinity for deliberation before consulting on further decisions with the governments of Australia and China.

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

Since then, several countries have launched large-scale search operations in the southern Indian Ocean but have not found the plane or 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 payment if the wreckage is 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 another search operation begins. – Bernama, June 20, 2022.