A replica of the Titanic could be sailing the Atlantic by 2016 if a plan by an Australian billionaire comes to fruition.



Clive Palmer has signed an initial agreement with China’s CSC Jinling shipyard to build a modern version of the liner that sank off Newfoundland 100 years ago this month.

He wants to sail Titanic II from England to New York accompanied by the Chinese navy as its maiden voyage.



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