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.
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.
- Titanic II: Australian Mining Tycoon Clive Palmer To Build Replica Of The Titanic (fastcompany.com)
- Titanic II: Clive Palmer Unveils Replica Plans (news.sky.com)
- Billionaire-funded Titanic II ready to cruise the seas in 2016 (dvice.com)
- Titanic replica plans unveiled by billionaire (cbc.ca)
- Palmer reveals Titanic plans in New York (abc.net.au)