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Aus Billionaire

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Post  Administrator Wed May 02, 2012 10:32 pm

Sydney - One of Australia's richest men, Clive Palmer, on Monday unveiled plans to build a 21st century version of the doomed Titanic in China, with its first voyage from England to New York set for 2016.

Palmer, a self-made mining billionaire, said he had commissioned state-owned Chinese company CSC Jinling Shipyard to construct Titanic II with the same dimensions as its predecessor.

"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," Palmer said in a statement.

"Titanic II will sail in the northern hemisphere and her maiden voyage from England to North America is scheduled for late 2016."

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

Tribute to makers of original

The announcement comes just weeks after the 100th anniversary of the sinking of Titanic, which went down on April 15 1912 after striking an iceberg on its first voyage, from Southampton to New York.

Palmer said the new ship would be 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.

Titanic was commissioned by White Star Line and was the largest liner in the world at the time.

Palmer said he has established his own shipping company, Blue Star Line, with the new vessel having the same specifications as its predecessor - 270m long, 53m high and weighing some 40 000 tonnes.

It will have 840 rooms and nine decks with design work in conjunction with an historical research team underway. No figure was given on how much it would cost.

‘The ultimate in comfort and luxury’

The only changes to the original 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," Palmer said.

The ship would also include an exhibition room which 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$5bn, thanks to his vast coal and other mining assets in Queensland and Western Australia.

Chinese shipping industry

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.

His decision to commission a Chinese shipbuilding yard, which will also construct other luxury liners for the tycoon, reinforces his ties to the country, which is a key buyer of his coal and iron ore.

"The Chinese are renowned for building commercial cargo and container ships," he said.

"China currently produces around 2 to 3% of the world's luxury ships but is looking to challenge the Europeans who have around 75% of this market.

"The Chinese ship building industry with our assistance wants to be a major player in this market."
The original Titanic was built in Belfast.



Sounds like a great idea for a movie.
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Post  Arzani Thu May 03, 2012 12:19 am

This one will probably sink as well lol
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Post  тεяεйcε.™ Thu May 03, 2012 5:51 am

Bisquits wrote:This one will probably sink as well lol

Nice attitude.

Anyway it's a nice contribute to all those who lost their life's on the original.
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Post  Administrator Thu May 03, 2012 12:10 pm

It's not set to sail until 2016 so we'll see.
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Post  Arzani Fri May 04, 2012 7:15 pm

It's a nice thought and everything but is there really a need to build an entire new Titanic just to commemorate the live's of people who died on the date of Titanic's sinking?
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Post  -Storm- Thu May 10, 2012 9:04 pm

Um who cares is what I wuld say to clive.

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Post  Arzani Sat May 19, 2012 11:57 pm

Oh shut up -Storm- don't be so insensitive.
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Post  ß33 Thu Jun 07, 2012 3:09 am

yeah that is a nice thought to do something like this good on clive I say
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Post  Charmed Sun Jul 08, 2012 2:54 am

im looking forward to seeing this once its all finished Smile
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Post  Arzani Sun Jul 08, 2012 6:34 am

yeah me too, i would also like to be on it one day, it will probably cost a fortune tho....
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Post  Guest Mon Mar 11, 2013 10:52 am

This is going to be soo cool I loved the movie

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Post  Administrator Sun Mar 15, 2015 5:47 am

I wonder if they will make a movie to go with this one as well?
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Post  TheMerk Wed Mar 25, 2015 1:26 am

Chatmaster wrote:I wonder if they will make a movie to go with this one as well?

They might if this one sinks too  No
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