Chante Hohip18 March 2024 | 8:12

Titanic 2: Aussie billionaire plans to sail replica ship

The ship is scheduled to set sail in June 2027.

Titanic 2: Aussie billionaire plans to sail replica ship

The original Titanic set sail in 1912. Photo: Wikimedia Commons/uwants

Bongani Bingwa catches up on the latest world news with Adam Gilchrist.

Listen below (Skip to 3:13). 

Over 100 years since the first ship historically set sail (and sunk), Australian billionaire Clive Palmer wants to put the Titanic back on the water.

The 70-year-old has been working on a replica of the ship for over a decade.

“It’s a lot more fun to do the Titanic than it is to sit at home and count my money,” Palmer told the media at a recent press conference.

He is confident he will secure a shipyard in time for construction on the vessel to start early next year.

With a price tag of over $600 million (R11 billion), the ship is scheduled to set sail in June 2027. 

Scroll up to the audio player to listen to the interview.