Abstract: A coaxial wet connector for connecting coaxail conductors of electromechaal ocean cables underwater either by a diver or submersible manipulator. The connector comprises a male section having a male inner conductor extending outwards from a concentric male outer conductor and a female section containing a spring biased shuttle piston for receiving the male inner conductor upon mating. An O-ring wiping seal wipes the male inner conductor clean of water as the male inner conductor drives the shuttle piston rearward within a female housing until electrical interconnection between the male and female sections is completed. A pressure compensating bladder removes water trapped adjacent an interconnection surface during mating and returns the water to the interconnection surface during decoupling thereby preventing a hydraulic lock between the male and female sections.