Mock-up photo of Clive Palmer in front of his proposed Titanic II.
Mock-up photo of Clive Palmer in front of his proposed Titanic II. Contributed

Clive Palmer unveils his plan for birth of Titanic II

AUSTRALIAN mining magnate Clive Palmer didn't follow Leonardo DiCaprio's lead and declare "I'm the king of the world", but he put on a Hollywood-style performance in New York while launching his bold plan to build Titanic II.

Palmer wouldn't say what the cost would be to make the full-scale replica of the doomed 1912 super passenger liner, but it has been estimated at more than US$200 million.

"Titanic was a ship of dreams," Palmer told reporters at Manhattan's Intrepid Sea, Air & Space Museum.

"Titanic II is the ship where dreams will come true."

Construction of Titanic II is expected to be completed in China in the second half of 2016 and Palmer said demand for tickets to take a voyage on the ship exceeds demand, with some reports enthusiasts have offered $1 million to be on the maiden trip from Southampton, UK, to New York.

Read more at NZ Herald


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