Australian billionaire Clive Palmer to build Titanic II


Clive Palmer told a news conference Titanic II would be ready to set sail in 2016

Clive Palmer, one of Australia's richest men, has commissioned a Chinese state-owned company to build a 21st Century version of the Titanic.

The mining billionaire told Australian media that construction would start at the end of next year.

It would be ready to set sail in 2016.

The plan, he added, was for the vessel to be as similar as possible to the original Titanic in design and specifications, but with modern technology.

Mr Palmer told Australian media that he had signed a memorandum of understanding with CSC Jinling Shipyard to construct the ship.

"It will be every bit as luxurious as the original Titanic but of course it will have state-of-the-art 21st Century technology and the latest navigation and safety systems," he said in a statement.

The announcement comes just weeks after the centenary of the sinking of the ill-fated Titanic.

The vessel, the largest luxury ship in its time, struck an iceberg on its maiden voyage from Southampton to New York. It went down on 15 April 1912, leaving more than 1,500 people dead.

"Of course it will sink if you put a hole in it,'' Mr Palmer said in response to questions from reporters on whether the Titanic replica would sink.

Titanic A number of events were held to mark the 100th anniversary of the Titanic's sinking

The new vessel is scheduled to sail from London to New York in late 2016, if all goes as planned.

"It is going to be designed so it won't sink,'' he added. ''But, of course, if you are superstitious like you are, you never know what could happen.''

The cost of the construction is not known, a spokesman for Mr Palmer told Australian media.

The mining magnate from Queensland, who has strong business relations with China, has expanded into tourism. He owns a luxury resort on the Sunshine Coast and has plans to build a fleet of luxury liners.

His plan to build the Titanic replica was announced on the same day that he revealed plans, in a separate news conference, to contest the next federal election in Queensland.

He told reporters that he has expressed interest in standing for Queensland's Liberal National Party (LNP), part of the conservative opposition at federal level, in the Brisbane seat of Lilley - currently held by Deputy Prime Minister and Treasurer Wayne Swan.


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  • rate this

    Comment number 575.

    I can't help feeling that this is in bad taste. No other ship has been named Titanic for a reason.

    If I were him i would be thinking about building an entirely new ship.

  • rate this

    Comment number 574.

    Still, I suppose it might be of some import to historians. I am sure some will appreciate Titanic II. Let's hope they use good quality steel in all the hull-bolts this time! We don't want a replica that's too authentic, not if it intends to sail. Is he planning to re-enact the iceberg collision I wonder? It would give historians and engineers more data on why exactly the Titanic sank.

  • rate this

    Comment number 423.

    There's always going to be people that love and hate an idea like this...interesting that it's been announced so time appropriately - he's got good PR. Let's just hope enough lifeboats are made this time!!

  • rate this

    Comment number 421.

    He is not planning this a tribute, there is nothing sentimental/nostalgic about it from his end, he wants to build fleet of luxury liners as part of his tourism enterprise. As per usual it’s only the envious numpties on here that read something else into it without actually having read the article.

  • rate this

    Comment number 371.

    I guess building this at H&W would have cost so much more than in China that the project may have cost twice or three times as much and may have rendered the project too expensive...Of course we would love it to be built in the UK, but I for one would love to see a replica grace the seas - A beautiful ship harking back to days of old....And the memory of the original Titanic will live on.


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