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Titanic II will have to wait

Australian businessman Clive Palmer delayed his plans to build a Titanic replica by at least two years. With a Chinese theme-park of the original Titanic almost ready, Palmer says he may have to rename his vessel to Titanic III rather than Titanic II.

Arabian Business announced Parmer’s delay after an interview with a representative from Blue Star Line, Palmer’s company behind the project. The vessel had originally been expected to be ready by 2016, now it is slated for 2018.

Palmer originally announced plans to build a replica, which would sail from Southampton to New York, in April 2012. Ten days later, the millionaire, whose projects have also included plans to build a Jurassic Park-style theme park full of animatronic dinosaurs, signed a deal with the Chinese shipyard CSC Jinling.

The theme-park replica Titanic is currently being built. The life-sized Chinese replica is expected to be complete by August 2017 and open to the public in October 2017.

Click here for the full report by The Maritime Executive.