Australian Billionaire TO Build Another Titanic .

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Clive Palmer is among the richest men in Australia and has revealed his plans to build a 21st century version of the doomed Titanic in China, with its first routine from England to New York.

 The self-made mining billionaire said, he had already appointed state-owned Chinese company CSC JinlingShipyard to build the II Titanic. He said Titanic II will have its dimensions the same as that of its predecessor.

In a statement, Palmer said it will be very luxurious as the original Titanic but will have modern technology and the latest navigation and safety systems.

He said Titanic II will sail in the northern hemisphere and her maiden voyage from England to North America on its scheduled date in 2016.

He added that, he had invited the Chinese navy to escort the Titanic II to New York.

Clive Palmer’s intention comes just weeks after the 100th anniversary of the sinking of Titanic which drowned on April 15, 1912 after hitting an iceberg on its first voyage from Southampton to New York.       

Palmer said the new ship would pay a tribute to the spirit of the men and women who worked on the original, which sank with the loss of 1,514 passengers and crew.

“These people produced work that is still marvelled at more than 100 years later and we want that spirit to go on for another 100 years,” he said.

The original Titanic was commissioned by White Star Line and was the largest liner in the world.

Palmer said, he has already established his own shipping company with name ‘Blue Star Line’. Palmer ship will have the same specifications as its predecessor (885 feet long and 53 metres high with 40,000 tonnes as its weight. It will have 840 rooms and nine decks. No rough figure has been given as its total cost.

The only thing that will make it different from its predecessor is that it would be below the water line including welding and not riveting, a bulbous bow for greater fuel efficiency, diesel generation and enlarged rudder and bow thrusters for increased manoeuvrability.

“Titanic II will be the ultimate in comfort and luxury with on-board gymnasiums and swimming pools, libraries, high class restaurants and luxury cabins” The Australian Richman said

An exhibition room would be built in the ship and this will be located in the space of the original’s coal boilers which will showcase his home state of Queensland

Palmer is estimated to be Australia’s fifth richest person, worth more than Aus$5 billion (US$5.2 billion), thanks to his vast coal and other mining assets in Queensland and Western Australia.

He has also branched out into tourism and owns the luxury Coolum resort on the Sunshine Coast, while recently saying he wants to move into the media industry, a sector dominated by Fairfax and Rupert Murdoch’s News Limited.


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