Billionaire Building Titanic II
Australia's Clive Palmer wants maiden voyage by end of 2016
By Mark Russell, Newser Staff
Posted Apr 30, 2012 5:34 AM CDT
Updated Apr 30, 2012 7:53 AM CDT
In this March. 6, 2012 photo provided by Bonhams Auction House, the front page of the April 16, 1912 evening edition of the Boston Globe, detailing the Titanic Disaster is shown.   (AP Photo/Bonhams Auction House)

(Newser) – An Australian billionaire is going to build a replica of the Titanic and sail it from England to the United States, flanked by the Chinese navy, by the end of 2016, reports Bloomberg. Clive Palmer, a mining magnate, says the replica will have the exact dimensions and all the amenities of the original—minus the coal boilers, which will be replaced with a room promoting Palmer's home base of Queensland. “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,” he says. No word whether the billionaire also plans to tackle the Hindenburg...

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Apr 30, 2012 6:34 PM CDT
Clive Palmer's a nut. During the last Qld state election a month ago, he insisted that the CIA was funding green groups to attack the coal industry, then, when the CIA called him on it, said he was just having a laugh. He's also announced he'll seek to run against the incumbent treasurer at the next Federal election. I wouldn't expect this ship to be built any time soon. By the way, he's already built the Hindenburg. It's in his belly.
Apr 30, 2012 4:38 PM CDT
Thanks to Obama the Chinese will own us by 2016, I'm sure their navy will be able to sail on over.
Apr 30, 2012 3:40 PM CDT
I'm glad the mention of the Chinese navy escort raised a few other eyebrows here. Would be an interesting Trojan Horse ploy.