GDR Posted October 20, 2017 Share Posted October 20, 2017 Couldn't find the old thread. Interesting approach though. They must be fairly confident. http://www.bbc.com/news/world-asia-41691794 Link to comment Share on other sites More sharing options...
DEFCON Posted October 21, 2017 Share Posted October 21, 2017 "Under such a deal, a salvage company will take on the financial risk of a recovery and recoup from the owner a percentage of the cargo's value if it is found, often 80 or 90%." Whatever's left of the aircraft's contents is likely scattered widely. Considering the costs associated with search & recovery operations, this cargo must be pretty darn special to justify the financial risk. Link to comment Share on other sites More sharing options...
Kip Powick Posted October 21, 2017 Share Posted October 21, 2017 28 minutes ago, DEFCON said: "Under such a deal, a salvage company will take on the financial risk of a recovery and recoup from the owner a percentage of the cargo's value if it is found, often 80 or 90%." Whatever's left of the aircraft's contents is likely scattered widely. Considering the costs associated with search & recovery operations, this cargo must be pretty darn special to justify the financial risk. I don't think "cargo" in the terms you are discussing is an issue. Just finding the aircraft and 'perhaps' being able to ascertain "why" it went down is the over riding factor along with closure for the NOK. I'm sure a few million dollars paid to the search company, should they find the wreckage, would not be excessive in the minds of MH administration. Link to comment Share on other sites More sharing options...
DEFCON Posted October 21, 2017 Share Posted October 21, 2017 You're probably correct. Link to comment Share on other sites More sharing options...
Super 80 Posted October 23, 2017 Share Posted October 23, 2017 I don't know of an aircraft being salvaged for cargo value. Although Lloyd's wanted to salvage SR111 to recover their $300,000,000 claim but they didn't find a receptive audience for that proposal. The crash site is restricted and there was a public backlash. Link to comment Share on other sites More sharing options...
moeman Posted November 3, 2017 Share Posted November 3, 2017 Another interesting approach: http://www.independent.co.uk/news/science/new-tool-to-track-underwater-acoustic-waves-could-find-mh370-a8021216.html Quote MH370 Since confirming that the technique worked, we have used advanced automated methods to find signals buried inside the hours of data recorded by the hydrophone station off Cape Leeuwin before the time flight MH370 was believed to have run out of fuel. We were able to find and localise two very faint signals – one ten minutes after the last satellite communication with the plane – but far from the probable location arc, and another almost one hour later, closer to the last area where the plane last communicated with a satellite. Link to comment Share on other sites More sharing options...
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