A fresh search for missing plane MH370 is set to start off the coast of WA after a “credible” proposal was put forward by researchers.

The Malaysia Airlines flight mysteriously vanished in 2014 with 239 people on board — including six Australian passengers — and despite many searches, the plane has never been located.

However, ten years on, Malaysia’s transport minister Anthony Loke confirmed the country was in advanced talks with US-based marine exploration company Ocean Infinity to search a 15,000 sqm zone in the southern Indian Ocean.

“Based on the latest information and analysis from experts and researchers, Ocean Infinity’s search proposal is credible and can be considered by the Malaysian government as the flight’s official registrar,” Mr Loke said in Parliament on Tuesday.

“The terms and costs requested are in the same draft agreement currently being negotiated between the government and Ocean Infinity.

“Should it be finalised, cabinet approval will be required, and I will make a public announcement.”

Ocean Infinity’s search would be on a “no find, no fee” basis, meaning the Malaysian government will not have to pay for the search if the wreckage is not located.

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