clive palmer News

The replica of the ill-fated RMS Titanic being built by Australian billionaire Clive Palmer has passengers lining up to buy tickets on the liner's maiden voyage, Palmer's Blue Star Line reports. A 'global launch,' detailing plans, will come Feb.26.

Australian billionaire Clive Palmer is set to host a gala dinner next week in Macau around the theme of his plans to build a replica of the RMS Titanic. He has a series of events planned and has what he calls a "global launch" slated for Feb. 26.

The official detailing of plans to build a full-scale replica Titanic that will sail a regular route, is to take place on Feb. 26 of 2013. That date was announced this month by Clive Palmer, the Australian billionaire who is building it.

Clive Palmer, the Australian billionaire building a replica of the R.M.S. Titanic told the BBC on August 24 that his ship will be virtually the same as the doomed liner and be called the Titanic II. Any changes will be for increased safety.

It's the centenary of the sinking in 1912 of the RMS Titanic and a plan announced by Aussie billionaire Clive Palmer in April to build a new Titanic is still afloat. Palmer has signed a design firm, Finnish-based Deltamarin, and plans are moving forward.

While it will have all of the newest technological gadgets and safety systems, and other modern features, it will still be a replica of the RMS Titanic. So says the Australian billionaire, Clive Palmer, about the luxury liner he plans to build.