4-30-2012

http://news.yahoo.com/australian-billio ... nance.html

Australian billionaire to build Titanic II


One of Australia's richest men, Clive Palmer, on Monday unveiled plans to build a 21st century version of the doomed Titanic in China, with its first voyage from England to New York set for 2016.

Palmer, a self-made mining billionaire, said he had commissioned state-owned Chinese company CSC Jinling Shipyard to construct Titanic II with the same dimensions as its predecessor.

He added that he had invited the Chinese navy to escort the Titanic II to New York.

His decision to commission a Chinese shipbuilding yard, which will also construct other luxury liners for the tycoon, reinforces his ties to the country, which is a key buyer of his coal and iron ore.


"The Chinese are renowned for building commercial cargo and container ships," he said.


"China currently produces around two to three percent of the world's luxury ships but is looking to challenge the Europeans who have around 75 percent of this market.


"The Chinese ship building industry with our assistance wants to be a major player in this market."
The original Titanic was built in Belfast.

Wonder what Vegas odds will be on it sinking on first voyage.

I wonder how they're going to get it from China to England without considering it a voyage.

Pretty good, I'd reckon. He is a Liberal (Republican in US lingo) party loving fruit cake.

http://www.news.com.au/business/clive-p ... 6342416868

It is under escort. The maiden voyage for commercial passengers would be from NY into the New Iceberg and then underwater



i can't believe i am the first one to use the above emoticon in this thread

You'll notice that Clive would have the Chinese build his Titanic, not the Australian people he'd love to represent lord it over.

He couldn't afford to build it in Australia. You need child & slave labor for his plans.

He's a billionaire!



You only need child and slave labor if you don't intend to put that wealth to good use for the rest of your country.

i think that was my point.

Many of the billionaires are immoral businessmen like Rupert Murdock. It's the same kind of AI whether with or without power and money.

More power to him. I hope it's a success! I don't know why all of you hound people for having money and hoping it sinks.

If I were a Billionaire, I'd probably do something like this. I sure the hell would not sit on that type of money, but then again, I wouldn't burn it either