Titanic II may not be sailing any time soon

Australian tycoon Clive Palmer under investigation
Wealthy adventure seekers looking forward to sailing on the first voyage of Titanic II will have to wait a while longer, as the planned vessel has run into troubled waters.
The idea of Australian tycoon Clive Palmer, the giant ship was supposed by making its maiden voyage by the end of 2016. This was later postponed to 2018. But now even that seems unrealistic.
The plan was for Titanic II to replicate as closely as possible the original Belfast-built luxury ship, which hit an iceberg and sank on its maiden voyage from Southampton to New York in 1912, killing around 1,500 people. But there has been little to no progress on Palmer’s dream.
The new ship was supposed to be built at CSC Jinling shipyards in Nanjing, China, but construction is yet to begin and the most recent update on the Titanic II website was posted in May 2014.
The delay may have something to do with the fact that the Australian Securities and Investment Commission has launched an investigation into Palmer and the collapse of his company Queensland Nickel. The firm owes creditors around $100 million.
Belfast Telegraph / MSN

x

Check Also

Lufthansa, Swiss, Austrian, Brussels Airways, flights, fare, basic, economy, Light, transatlantic, USA, Canada, Scandinavia, cabin bag only, food

Nordic trial allows Lufthansa to go Light

Airlines in the Lufthansa Group are the latest to offer a new low fare to fight LCCs on North American routes.

Ibiza, tourism, family, tourist, Norwegains, holiday, budget, household, survey, Nordea, summer

Norwegians’ holiday budgets on the rise

“Increased optimism is making the money a little looser,” says an expert from Nordea bank.

portuguese man o war, terror, jellyfish, Spain, Costa Blanca, Alicante, tourism, cruise, deadly, fatal, sting, beach, closed, red flag

Deadly jellyfish close beaches in Spain

A new alert has been raised on the Costa Blanca coastline around Alicante for the Portuguese man o’ war.

FinEst Link, Angry Birds, Peter Vesterbacka, Bay Area, Helsinki, Taliin, government, private, projects, rail, tunnel, undersea, Finland, Estonia, Rail Baltica

Helsinki-Tallinn: two competing tunnel projects

The choice is between a project forged by the two cities, and a private project by the founder of Angry Birds.

Norwegian, flights, airline, technology, search, temperature, UK, Gatwick, ideal, best, destination, holiday, winter

Flight search by temperature to find best destination

Norwegian launches a new temperature-based search function to find suitable destinations from the UK.

Jerusalem, Israel, ld City, cable car, Mount of Olives, Dung Gate, project, tourism, cost

Jerusalem to build cable cars to Old City

Israel has backed a proposal to construct a tourist cable car project with four stations.