The Stellar Daisy, a massive South Korean tanker that sank in March 2017, was spotted on the floor of the South Atlantic Ocean nearly two years later, the CEO of an ocean exploration company revealed Sunday. This discovery could shed new light on exactly what caused the vessel to tilt and sink and provide some closure to the families of the 22 crew members who died. "We are pleased to report that we have located Stellar Daisy, in particular for our client, the South Korean Government, but also for the families of those who lost loved ones in this tragedy," Ocean Infinity CEO Oliver Plunkett said. "Through the deployment of multiple state of the art (autonomous underwater vehicles), we are covering the seabed with unprecedented speed and accuracy." The Stellar Daisy sank on March 31, 2017, nearly 2,500 miles east of Uruguay, while transporting iron ore from Brazil to China.

The renewed search for missing Malaysia Airlines flight MH370 entered its next phase as the initial search of 3,160 sq. Texas-based Ocean Infinity -- which has signed a "no cure, no fee" deal with the Malaysian government to find the jetliner -- is scouring a remote part of the southern Indian Ocean, where the ill-fated plane is believed to have gone down. The second leg of the search includes scouring through an area of the 9,652 sq. According to a report, citing an update posted Tuesday by Malaysia's MH370 Response Team, Ocean Infinity's search ship, the Seabed Constructor, was able to launch all eight of its autonomous underwater vehicles following favorable weather conditions. Earlier, the search operation was hampered due to bad weather.

A U.S. company will be deploying the world's most advanced undersea search vessels in a renewed bid to search for missing Malaysia Airlines Flight MH370, which went missing on March 8, 2014, with 239 people on board. Texas-based Ocean Infinity -- which has signed a "no cure, no fee" deal with the Malaysian government to find the jetliner -- will for the first time use a swarm of eight drone-like autonomous underwater vehicles (AUVs) to scour a remote part of the southern Indian Ocean, where the ill-fated plane is believed to have gone down. The company will be paid only if it succeeds in locating the plane, which is believed to have gone down while on its way from Kuala Lumpur to Beijing. According to the Daily Beast, Ocean Infinity will conduct the new search with the latest technology north of the original search area, where an underwater operation for more than three years yielded no concrete clues. Talking about the technology that the company will use, the Daily Beast reported that the system was being used for the first time and that while en route from the Caribbean to the search site, the command ship, Seabed Constructor, paused several times to carry out trials at depths similar to those at the Indian Ocean search site.