Odyssey Marine Exploration Inc (OMEX)

[ChuckD-MSB]

Odyssey Marine bids on contract to find missing Malaysia Airlines Flight 370



Monday, August 4, 2014 5:35pm



Tampa's Odyssey Marine is trying to win a contract from the Australian government to help find missing Malaysia Airlines Flight 370. The Boeing 777 took off for Kuala Lumpur on March 8 bound for Beijing. Instead, MH370 disappeared and was believed to have come down in the Indian Ocean, somewhere off the west coast of Australia. While the media storm surrounding the plane's disappearance and the loss of 239 people onboard has ebbed, the search continues.

The Australian government required all bidders to sign nondisclosure agreements, according to the Wall Street Journal. Bidders were allowed to either bid for the work by themselves or as a consortium. But an Odyssey Marine spokeswoman confirmed Monday that the company is one of the bidders. The spokeswoman said the contract would call for the company to search for the airliner's remains. If they are found, then the company would survey the area of the wreckage.

The treasure-hunting firm, which is listed on the Nasdaq, enjoyed its most recent success off the coast of Ireland. Odyssey has recovered over 110 tons of silver from the SS Gairsoppa, a British cargo ship sunk by a German U-boat in 1941. Odyssey is also recovering gold and silver from the SS Central America, which sank 200 miles off South Carolina in 1857.

http://www.tampabay.com/news/business/odyssey-marine-bids-on-contract-to-find-missing-malaysia-airlines-flight/2191447