An Australian businessman announced Monday his plans to build a duplicate of the ill-fated Titanic with all the luxuries of the original luxury liner but none of the design faults. Naming the ship as "Titanic II", Clive Palmer has made a deal with a Chinese shipyard for the construction of the ship. His company, Blue Star Line Pty Ltd., plans to make the maiden voyage from England to New York in late 2016.
Just days after the 100th anniversary of the sinking of the “unsinkable” Titanic, Clive Palmer broke the news on Monday that he has signed a contract with Chinese company CSC Jinling Shipyard to make Titanic II.
Palmer explained his plan in detail, saying, "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," according to a report on Philstar.com.
He has dedicated his big project to the craftsmanship behind the magnificent but unfortunate ship. He said it is "a tribute to the spirit of the men and women who worked on the original Titanic."
Almost 1,500 people were killed after Titanic hit an iceberg in the North Atlantic on its first journey on April 15, 1912. It was considered the world's biggest and most valuable ocean liner at that time and was marketed as “unsinkable”.
Palmer was reported as Australia's fifth-richest person last year with an estimated wealth of more than $5.2 billion. Palmer said in an interview that previous efforts to make a Titanic replica did not prove successful because they were not able to collect enough money and strike the deal with a shipyard. Titanic II is the first luxury ship Palmer has commissioned CSC Jinling Shipyard to build.
Palmer did not provide information regarding the financial budget for the ship. He said he had established a shipping company, Blue Star Line Pty Ltd., and that design for the Titanic II has already begun with help from an expert research team.
Titanic II will be run by diesel and will have four smoke stacks like the coal-powered original, but they will be only for decorative purpose and not functional.
The most remarkable difference from the original Titanic would be below the water line, including welding rather than rivets, a bulbous bow will be incorporated for greater fuel efficiency and enlarged rudder and bow thrusters for increased maneuverability.
Brett Jardine, general manager for Australia and New Zealand in the industry group International Cruise Council, said in a statement that Titanic II would be small by modern standards but could prove viable at the top end of the luxury market.