Australian billionaire Clive Palmer Revives Titanic II Project

Clive Palmer, an Australian mining billionaire, has announced for the second time that he plans to build a replica of the Olympic-class RMS Titanic. He claims that this ship will be “far, far superior to the original.” Palmer first introduced the idea of constructing the Titanic II, which he said would be “more buoyant” than the original ship, in 2012. However, the ship was never built, and the planned launch date of 2016 came and went without any progress. Palmer made another attempt in 2018, but his plans were disrupted by the COVID-19 pandemic. During a press briefing at the Sydney Opera House on Wednesday, Palmer announced the project for a third time and stated that the time was finally right.

“I’ve got more money now” and “I’m gonna do it,” said Palmer, chairman of the Blue Star Line company behind the project. “It’s a lot more fun to do the Titanic than it is to sit at home and count my money,” added the billionaire. Clive Palmer has a net worth of US$4.2 billion.

“In 1912 the Titanic was the ship of dreams. For over a century Titanic’s legend has been powered by mystery, intrigue and respect for all she stood for,’’ Palmer said.

“Titanic II is something that needed to be built,” he reasoned. “We all know how to make war. We get armies and we fund wars. People know about that. But it is a lot harder to make peace. To make peace you have got to stick with it every day. You progress inch by inch.”

According to Palmer, the Titanic II “can be a ship of peace between all countries of the world.”

The cost of the ship is estimated to be around AUS$1 billion. It will measure 833 feet in length and 105 feet in width, making it slightly wider than the original. The ship will be equipped to carry 2,345 passengers and will have a total of nine decks. There will be 383 first-class cabins, 201 second-class cabins, and 251 third-class cabins. The ship will retain the same interiors and cabin layout as the original vessel, but will also incorporate modern safety procedures, navigation methods, and 21st-century technology. Onboard amenities will include a first-class dining saloon, grand ballroom, squash court, pool, theater, and casino.

Maiden voyage: It’s planned for June 2027. It will re-create the Titanic’s 1912 route from Southampton, England, to New York.

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