Billionaire Plans To Build Full-Size Replica Of Titanic

Billionaire Plans To Build Full-Size Replica Of Titanic
World
Like Us On Facebook
Like Us On Facebook

An Australian billionaire has announced plans to build a replica of the Titanic that will make its maiden voyage from England to New York in 2016. Weeks after the 100th anniversary of the sinking of the cruise liner, Clive Palmer said he had signed a memorandum of understanding with state-owned Chinese company CSC Jinling Shipyard to build the Titanic II.

Mr Palmer said: ‘It will be every bit as luxurious as the original Titanic, but… will have state-of-the-art 21st-century technology and the latest navigation and safety systems.’

He called the project ‘a tribute to the spirit of the men and women who worked on the original Titanic.’

More than 1,500 people died after the Titanic hit an iceberg in the North Atlantic on its first voyage in 1912.

Before it set sail, it was heralded as the world’s largest, most luxurious and safest ocean liner.

Various events were held to mark the anniversary earlier this month, including a memorial cruise which carried more than 1,500 passengers, some of whom had direct links with the doomed liner, to the very spot where it sank. 


A service took place at the very time it went under.

Palmer built a fortune on real estate on Australia’s Gold Coast tourist strip before becoming a coal mining magnate. 


BRW magazine reported he was Australia’s fifth-richest person last year with an estimated fortune of more than AUS$5billion (£3.2billion).

Palmer said at a press conference that previous attempts to build a Titanic replica failed because proponents failed to raise enough money and commission a shipyard.

The Titanic II is the first of four luxury cruise ships Palmer has commissioned CSC Jinling Shipyard to build.

Palmer did not provide a cost estimate. He said he had established a new shipping company, Blue Star Line Pty. Ltd., and that design work for the Titanic II has begun with assistance from a historical research team.

The diesel-powered ship will have four smoke stacks like the coal-powered original, but they will be purely decorative.

The most obvious changes from the original Titanic would be below the water line, including welding rather than rivets, a bulbous bow for greater fuel efficiency and enlarged rudder and bow thrusters for increased maneuverability, Palmer said.

Elite.

Share Tweet
React
Like Us On Facebook
Like Us On Facebook

Preston Waters

Preston Waters is a thinker. He's not your traditional philosophical persona, however, as he leaves no topic untouched. Covering all the bases, from business to women, Preston Waters is the ultimate man's man for Gen-Y.

More In World

World Alexia LaFata

Over 160 Children Have Died While Building ‘Terror Tunnels’ For Hamas

Since the start of Operation Protective Edge, 31 tunnels leading into Israel have been discovered — and a 2012 paper blames Hamas and relentless child labor for their creation. A paper in the Journal of Palestine Studies reports that Hamas is responsible for 160 children dying while digging “terror tunnels” under Gaza. Author Nicholas Pelham monitored police […]

Also On Elite

World

Good Guy Grandson Shaves Beard For Grandma’s 100th Birthday (Video)

Facial hair has been in for a while lately, and while it can go dangerously wrong, it can also go dangerously right. However, for Scott Cleveland, his grandmother never got on board with his very full beard. As a result, two years ago, Scott promised her that he would shave it for her 100th birthday. […]

World

Virginia Democrat Running For Office Puts $100,000 Bounty On Kendall Jones’ Nude Photos

A Virginia man campaigning for Rep. Eric Cantor’s seat in the House of Representatives has offered $100,000 for nude photos of Kendall Jones, the Texas Tech cheerleader who posts pictures of her smiling over dead animals she just killed. According to UPI, self-proclaimed “left-wing liberal” Mike Dickinson tweeted a request for any nude photos, sex […]

Sports

As The World Waits For Changes In The NBA, The NHL Keeps Skating

LeBron James and Carmelo Anthony seem to be eternally bound by fate. The two NBA stars were drafted first and third, respectively, in 2003, following James’ unprecedented hype through high school and Carmelo Anthony’s performance that led Syracuse to the NCAA title. Today, both wait for July 15, the day they will be able to announce […]