PHUKET: Liveaboard dive boat MV The Flying Carpet will remain on the sea floor, 75 meters below the Andaman Sea surface, after sinking yesterday between Koh Bon and Koh Tachai, north of Phuket.

“There will be no salvage possibility,” said the manager of Aladdin Dive Safari, the company that owned the boat.

When asked about insurance, the manager, who asked to be identified only as Frank, confirmed to the Gazette that there would be no payout.