KUALA LUMPUR: Ocean Infinity has submitted a proposal to continue the search for missing Malaysia Airlines plane MH370.
The information was shared by the Non-Governmental Organisation (NGO) Association for Families of the Passengers and Crew on board MH370, on its Facebook page MH370 families today (May 3).
"Ocean Infinity made a successful presentation on a new search proposal for MH370 on a 'No Find No Fee' basis to the transport minister, senior ministry officials, as well as other government agencies.
"The presentation was well received by the minister and his team. We wait for the required paperwork to be sorted out and a new contract is inked.
"MH370 families would like to extend our appreciation to all concerned," they said.
In March this year, Transport Minister Anthony Loke said the government was willing to restart the search for the plane, even if it was costly.
Ocean Infinity is a marine robotics company based in Texas, the United States.
The 'No Find No Fee' means a fee is payable only if there is a favourable result.
On March 8, 2014, flight MH370 en route from Kuala Lumpur to Beijing vanished from the radar after two hours of flying.
There had been little to no news of the whereabouts of the plane.
Underwater searches for the plane in the Indian Ocean have covered 120,000 sqkm and cost about RM605 million.
The search was suspended in January 2017.
In 2018, Ocean Infinity embarked on a three-month 'no find, no fee' search covering about 112,000 sqkm at the southern Indian Ocean. It concluded without any new discovery.