Australia May Have Found Two Objects in the Sea

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March 20 (Bloomberg) –- Bloomberg’s Paul Allen reports on the announcement by Australia’s Prime Minister that objects have been found in the South Indian Ocean that may or may not be from missing Malaysian Air flight 370. He speaks to Anna Edwards and Mark Barton on Bloomberg Television’s “Countdown.” (Source: Bloomberg)

We first heard of this at 2:00 this afternoon local time when tony abbott addressed parliament.

He made the announcement that objects have been found in the c. -- in the sea, . he said an orion had been diverted to check out to objects.

He described this as new, incredible information.

The prime minister did issue a mode of caution.

New and credible information has come to light in relation to the search for malaysia airlines flight mh-370 in the southern indian ocean.

The australian maritime safety authority has received information based on satellite imagery of objects possibly related to the search.

Following specialist analysis of this satellite imagery, two possible objects have been identified.

The house then moved on to other business.

The media stayed firmly put and shortly after that the maritime safety authority held a press conference.

What do we know about these objects?

What did the authorities have to say?

Rackspace said that this was picked up by a satellite, the images were very low resolution.

John yang of the authority said it was indistinct but of reasonable size.

About 24 meters without specifying length or breadth.

It could be significantly larger than a shipping container, which is what the debris usually turns out to be.

This may be hard to locate.

He said it may also not be related to the search.

He described it as a lead, but the best lead we have.

There is an orion on the way.

There is another about to take off from perth.

Orion aircraft from new zealand is also on the way.

A u.s. poseidon aircraft is in the area now as well.

A merchant ship has been diverted, an australian navy ship is on the way as well.

That is expected to take a few days to get there.

Commercial satellites have also been diverted to see if they can get a more high resolution image.

The amount of resources suggests this is being taken pretty

This text has been automatically generated. It may not be 100% accurate.

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