$500M Replica of the Titanic Due to Set Sail in 2022
The life-size replica of the ill-fated vessel will retrace the route taken by the original Titanic on its maiden voyage.
With an estimated price tag of $500 million, the ‘Titanic II’, which is being built by Australian company Blue Star Line, was originally announced by its millionaire chairman Clive Palmer back in 2012.
The vessel should have been ready to launch in 2016, however a financial dispute ended up stalling the project for several years. Its scheduled completion date has since been pushed back to 2022.
According to the company, the new Titanic will be as close to the original as possible but with modern power and propulsion systems as well as a much greater emphasis on safety and stability.
An additional ‘safety deck’ will house lifeboats and marine evacuation systems, while the boiler exhaust uptakes – which are no longer needed – will house emergency escape staircases.
Even the wooden panelling in the corridors will be substituted to satisfy modern safety standards.
“The ship will follow the original journey, carrying passengers from Southampton to New York, but she will also circumnavigate the globe, inspiring and enchanting people while attracting unrivalled attention, intrigue and mystery in every port she visits,” said Palmer.
“Millions have dreamt of sailing on her, seeing her in port and experiencing her unique majesty.”