Shanghai: Clive Palmer’s Titanic II dreams appear to remain afloat, albeit the mining tycoon has admitted the ship will hit the water two years later than planned.
“The first project development phase has been completed,” Palmer said.
“Currently the focus is on the evaluation and the project master plan development and more information will be available once this phase is completed.
“Titanic II is scheduled to be launched from its construction base in China in 2018, before her maiden passenger voyage retracing its original journey from Southampton to New York.”
Previously Palmer had maintained the ship’s maiden voyage would be in September 2016, something that is now impossible given that steel cutting for the ship has yet to happen.
The Blue Star Line chairman announced today Blue Star Line, Deltamarin and AVIC Kaixin (Beijing) Ship Industry Co have signed a Memorandum of Understanding (MOU) appointing AVIC as its latest Titanic II project partner.
AVIC will represent Blue Star Line in the promotion of the Titanic II project and coordination of Titanic II sponsors from mainland China.
He said the appointment of AVIC represents Blue Star Line’s confidence in China, as AVIC Group is one of the largest industrial groups authorised and managed by the People’s Republic of China Central Government.
“I would like to welcome AVIC to the Titanic II project,” Palmer said.
“AVIC will assist in promoting the Titanic II and shortlisting sponsors from mainland China on behalf of Blue Star Line.”
“This is a great opportunity for China to showcase its products and promote its artisans and industries to the world.”