China

Titanic II: Billionaire plans Titanic Replica to set sail 2016

Photo by The Times

Photo by The Times

Yes, the Titanic II’s plans have just been unveiled. The Australian billionaire Clive Palmer on Tuesday revealed blueprints for an exact replica of the famed cruise liner.

The ship is being built in China by CSC Jinling Shipyard, and Palmer said it should be ready to set sail in the latter part of 2016.

It will make its maiden voyage on 2016 from Southhampton, England to New York, carrying 2,600 passengers in 850 cabins. It will employ about 900 crew members. The length will be three inches longer than the original at 883 feet and include 18 lifeboats — enough for everyone on board, according to Mashable.

According to The Telegraph, asked if he would describe the ship as “unsinkable” he replied: “Anything will sink if you put a hole in it. I think it would be very cavalier to say it. I think people in the past have done that and lived to regret it.”

Palmer has signed a first-stage agreement with Nanjing-based CSC Jinling Shipyard to build the ship as part of a planned fleet of luxury liners, the Gold Coast, according to Bloomberg.

In this rendering provided by Blue Star Line, the Titanic II is shown cruising at sea. The ship, which Australian billionaire Clive Palmer is planning to build in China, is scheduled to sail in 2016.

In this rendering provided by Blue Star Line, the Titanic II is shown cruising at sea. The ship, which Australian billionaire Clive Palmer is planning to build in China, is scheduled to sail in 2016.

The move into the cruise-ship industry, one of the few areas of heavy manufacturing still dominated by European companies, would be a challenge for a Chinese company, said Hur Sung Duck, an analyst at HI Investment & Securities Co. in Seoul, according to Bloomberg.

“That’s a huge jump for a country that builds mostly bulk ships” used for carrying coal, iron ore and grains, Hur said. “I seriously find it difficult to believe it can be built by that time.”

The ship would sail under his company, to be name Blue Star Line in reference to the Titanic’s owner. China’s navy would be invited “to escort Titanic II on its maiden voyage to New York,” Palmer said.

“The Chinese ship-building industry with our assistance wants to be a major player in this market,” Palmer said in the statement.

The mining tycoon has a fortune of $5.05 billion and is Australia’s fifth-richest person, according to BRW magazine rankings. He is developing coal and iron-ore mines in Australia, including the $8 billion China First coal project in Queensland State.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s