Australian Billionaire Will Construct Titanic II

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Clive Palmer, an Australian mining billionaire, announced his plan to build the second Titanic in the middle of April, 2012, when was the 100th anniversary of the Titanic disaster. The 21st century version of the legendary vessel would be the same size like the first model. In cooperation with a Chinese company CSC Jinling Shipyard, Palmer set out to make her maiden voyage from London to New York, which her predecessor couldn't make, for the late 2016. The luxury liner will sail in the northern hemisphere.

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