Would you buy a ticket for the Titanic?
This is a dream or a nightmare, depending on who you ask, but a colorful Australian business magnate wants to make the option a reality.
Clive Palmer, a mining magnate and conservative politician, says his long-standing desire to rebuild a replica of the infamous ship after years of delay.
On Monday, he announced that his cruise company Blue Star Line would establish a European early next year, most likely in Paris, to take the Titanic II to the high seas.
"Millions have dreamed of sailing on them, seeing them in the harbor and experiencing their unique majesty," he said. "The Titanic II will be the ship on which those dreams come true."
Late last year, an Australian top court ruled that Citic should pay the company millions of royalties from an iron ore project. The litigation between the two parties continues, but Mr Palmer said the court ruling had led him to resume work on the Titanic II.
He also appointed his nephew Clive Mensink European Project Director. Mr. Mensink was previously Managing Director of Queensland Nickel, another company of Mr. Palmer, which collapsed in 2016. Mr Mensink then moved to Bulgaria and did not return to Australia to hear from liquidators, which led to arrest warrants  In a statement, Mr Palmer said that Mr Mensink had not returned because the liquidators were not paying his travel expenses and Calling him "the perfect candidate to deliver a world-class experience with Titanic II."
"He shares Blue Star Line's passion to revive the dreamship as a symbol of love and peace in the world played with the Jack and Rose in all of us," he added, referring to the characters of Leonardo DiCaprio and Kate Winslet in Blockbuster 1997
The company released a video replay of the cruise ship, complete with passengers in contemporary garb while enjoying the ornate formal dining rooms, a smoking room, the famous Great Stair and even a Turkish bath 9659011] Mr. Palmer said the ship will accommodate 2,435 passengers in first, second and third class cabins – and more than enough space for all of them in fully enclosed, motorized lifeboats.
The original Titanic was the largest passenger ship in the world. When it hit an iceberg and sank during its first voyage in April 1912, it was considered unsinkable . It had traveled to New York from Southampton, England, with only 1,178 lifeboat seats for about 2,224 passengers and crew members. The death toll was about 1500.
Mr. Palmer, who recently set up billboards with the slogan "Make Australia Great" throughout the country and maintains a vibrant social media presence said his new ship would use modern security and navigation methods. He said it would travel a regular route from London to New York and make other stops around the globe "that attract unsurpassed attention, intrigue and mystery in every port they visit."
The company had previously boasted that there were thousands of booking inquiries and several offers of over a million dollars for the ship's first voyage.
When it was first announced, Blue Star said that the ship in Nanjing, China, from CSC Jinling Shipyard, a Chinese state-owned company. In 2015, The Australian reported that workers at the yard said they had heard about the project but had never started it.
"The Australians used it for propaganda," a worker said. "It's not going to happen."
The company's recent press releases did not mention where the ship would be built.
But there is another Titanic replica in China, where the movie from 1997 was very popular. It is said to be the main attraction of an amusement park in Sichuan province, far from the sea. It's also years behind schedule.