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Australian Billionaire Releases Plans for Titanic Replica

<span style="color: rgb(0, 0, 0); font-family: arial, sans-serif; line-height: normal;">An Australian billionaire is getting ready to build a new version of the Titanic that could set sail in late 2016.</span><span style="color: rgb(0, 0, 0); font-family: arial, sans-serif; line-height: normal;"><br></span>

NEW YORK -  What could possibly go wrong?

An Australian billionaire is getting ready to build a new version of the Titanic that could set sail in late 2016.

Clive Palmer unveiled blueprints for the famously doomed ship's namesake Tuesday at the Intrepid Sea, Air and Space Museum in New York. He said construction is scheduled to start soon in China.

Palmer said 40,000 people have expressed interest in tickets for the maiden voyage, taking the original course from Southampton, England, to New York. 

"We all live on this planet, we all breathe the same air and, of course, the Titanic is about the things we've got in common," he said. "It links three continents."

Passengers on board the replica will dress in the fashion of that period and eat dishes from the original menu, in dining rooms copied from the ill-fated predecessor.

Joining Palmer on Tuesday was Helen Benziger, the great granddaughter of Titanic survivor Margaret "Molly" Brown. Benziger, who agreed to serve on the advisory board for the Titanic II, said her great grandmother, who died in 1932, would have loved to see the Titanic rebuilt and complete the journey it never got to finish.
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