Malaysia Awards $50M to US Company in Massive Hunt for Lost MH370

Malaysia Awards M to US Company in Massive Hunt for Lost MH370

Malaysia’s Bold New Hunt for MH370

In a splashy move that felt like a high‑stakes game show, Malaysia has handed a US ocean‑search company a golden ticket—up to $50 million—if it can finally spot the lost Malaysia Airlines Flight MH370 in a new spot across the Southern Indian Ocean.

Why the Stakes Are So High

  • MH370 vanished on its way from Kuala Lumpur to Beijing in 2014, carrying 239 souls. The mystery hangs over the skies like a cloud of unanswered questions.
  • Australia, China and Malaysia wasted a $157 million package to scour 120,000 km²—only to end up with a rock‑solid “we’re out of juice” verdict.
  • Investigators begged for a 25,000 km² push northward, but budgets stalled.

“Pay‑for‑Find” Deal

Transport Minister Liow Tiong Lai announced that the U.S.‑based firm Ocean Infinity will now tackle this 25,000‑square‑kilometre hack, but only gets paid if the wreck shows up. Think of it as a “no‑cure, no‑fee” lottery.

What the Contract Looks Like

  • $20 million if the plane turns up within a 5,000 km² slice.
  • $30 million for a 10,000 km² find.
  • $50 million if the whole 25,000 km² sector is cracked.
  • Beyond that area, the company can land a $70 million payoff—because “zooming out” sounds cooler.

Next Steps of the Seabed Constructor

  • The vessel, aptly named Seabed Constructor, has a 65‑strong crew, including two Malaysian navy folks on deck.
  • Ocean Infinity’s CEO, Oliver Plunkett, will kick off the operation on January 17.
  • Ocean Infinity is on a mission to locate either wreckage or the black boxes—the thank‑you‑cards of airplanes—wherever they sink.

Where It’s Heading After All the Moves

  • The ship left Durban on January 2, aiming for Perth. Now it’s threading closer to the potential search zone.

Finding the debris could help answer the age‑old puzzle: Was it a mechanical mishap, a suicide, or something beyond a plane’s autopilot? Recent wreckage—like a tail section found in the Indian Ocean and bits off East Africa’s coast—tells a story of missing bits dancing in the sea.

Bottom Line

With a billion… Virgin dollars on the line and a new engine‑powered search crew on the waves, Malaysia is giving the world a new chance to close the chapter on the most baffling airline mystery of the 21st century.

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