Australian billionaire to build second Titanic ocean liner

An Australian billionaire is giving Titanic a sequel, but the actual ship, not the movie. Clive Palmer made billions on mining operations in his native country, and he's teaming up with a Chinese shipmaker to build a modern Titanic that's designed to be everything the first was, minus that whole sinking thing.

In a release about the news, Palmer said that the revived ship would 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." No word on what a ship like that would cost, but CNN reports that the mining mogul owns a resort in Australia, and wants to compliment it with a fleet of luxury liners. Can't get more ritzy than the Titanic, but, of course, you can't get more contentious, either.

The original vessel launched from Southampton in the U.K. on April 15, 1912 and was headed for New York City, but of course it ran afoul of an iceberg instead, and more than 1,500 people died with the sinking wreck. Palmer has no illusions that you can build an unsinkable ship, and at a press conference remarked, "Of course, it will sink if you put a hole in it. It is going to be designed so it won't sink. But, of course, if you are superstitious like you are, you never know what could happen.''

The original RMS Titanic was one of three Olympic-class ocean liners built by a shipyard in Ireland and owned by White Star Line. The Titanic II or whatever it will be called will be built in China, and is scheduled for a similar maiden voyage — one that takes it from London to New York — sometime in 2016.


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