Titanic 2? Australian businessman will rebuild the legendary ship

Australian billionaire Clive Palmer has announced the construction of Titanic 2, expected to be completed by 2027.

Clive Palmer, the chairman of Blue Star Line, had filed lawsuits against Australia’s state and federal governments over border closures during the Covid pandemic.

Titanic 2 will cost a billion pounds to build, while the construction is expected to be completed by 2027, according to media reports.

Clive Palmer first announced the development of Titanic 2 in 2012 and again in 2018.

When he first announced the project in 2012, he said that it would be completed in 2016.

Later in 2018, when the work started again, the work had to be stopped due to the covid-19 epidemic. Now, after six years, once again he has announced to restart the project.

The famous Titanic ship sank on its maiden voyage in 1912, its wreckage resting at the bottom of the Atlantic Ocean, at a depth of 12,500 feet.