Tycoon Plans a Titanic II (This One Will Have More Lifeboats) [The New York Times]
New York Times Company (The) (NYT)
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Source: The New York Times
Would you buy a ticket for the Titanic? That’s a dream or a nightmare, depending on who you ask, but a colorful Australian business tycoon wants to make the option a reality. Clive Palmer, a mining magnate and conservative politician, says his long-stated wish to build a replica of the famously opulent ship is back on after years of delays. On Monday , he announced that his cruise ship company, Blue Star Line, would establish a European headquarters early next year, most likely in Paris, to get the Titanic II onto the high seas. “Millions have dreamt of sailing on her, seeing her in port and experiencing her unique majesty,” he has said . “Titanic ll will be the ship where those dreams come true.” The project was originally announced in 2012, but it was suspended three years later amid a payment dispute between Mr. Palmer’s flagship company, Mineralogy, and Citic, a state-controlled Chinese company. Late last year, a top Australian court ruled that Citic shoul
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