Design stage Ĭlive Palmer, chairman of the Blue Star LineĬlive Palmer first announced the project in a press conference on 30 April 2012, following the signature of a memorandum of understanding with state-owned Chinese shipyard CSC Jinling ten days before. In 2006, after repeatedly failing to secure investment, the project was abandoned. The design changed repeatedly, with claims emerging of 'the world's largest liner' with capacity for 2,600 passengers, and increasingly divergent plans for a heliport, swimming pools and discos eventually being released. After signing an agreement with a Monaco-based investment banking company, Gous claimed that construction would begin at Harland and Wolff within nine months. In November 2000, he began his attempts to raise capital, including through government grants and a stock market flotation. He commissioned Olsen Designs to design the ship, advised by Harland and Wolff Technical Services who produced a feasibility study, and Callcott Anderson to design the interior. The article concluded that although the various Titanic revival projects would cost $400–$600 million, they could be economically viable.Īlthough he originally intended to construct the ship in Durban, Gous presented his £500 million proposal to Belfast City Council in June 2000.
The article discussed the changes to the original design required to produce a safe and economically viable ship, including a welded rather than riveted hull, diesel-electric propulsion in place of steam engines, and a bulbous bow. The South African project began in 1998, and was one of the subjects of an article in Popular Mechanics magazine in September of that year. The most widely publicized project was that of South African businessman Sarel Gous in 1998. The concept of a functioning replica of the Titanic has been explored several times, especially following the resurgence of interest following the release of James Cameron's film in 1997. The development of the project was resumed in November 2018 after a hiatus which began in 2015, caused by a financial dispute that affected the $500 million project.
The intended launch date was originally set in 2016, delayed to 2018, then 2022. The project was announced by Australian billionaire Clive Palmer in April 2012 as the flagship of the proposed cruise company Blue Star Line Pty. The new ship is planned to have a gross tonnage (GT) of 56,000, while the original ship measured about 46,000 gross register tons (GRT). Titanic II is a planned passenger ocean liner intended to be a functional modern-day replica of the Olympic-class RMS Titanic. Modern interpretation of Olympic-class ocean linerĭiesel-electric three azimuth thrusters (3 × 10 MW) Ģ4 knots (44 km/h 28 mph) (maximum)