Australian billionaire Clive Palmer revives plan to build Titanic II replica, with maiden voyage in 2027.

Australian billionaire Clive Palmer, Chairman of the Blue Star Line company, has revived plans to build a replica of the Titanic, a decade after first announcing the ambitious project. Palmer held a press conference at the Sydney Opera House, where he revealed the current designs for the vessel, which he said would be "far, far superior than the original." Titanic II's maiden voyage is scheduled for 2027.