Going to be launched in 2022, the current project of Titanic II is under the renowned Australian businessman and politician Clive Palmer.
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Titanic II is a planned passenger ocean liner intended to be a functional modern-day replica of the Olympic-class RMS Titanic. The new ship is planned to have a gross tonnage (GT) of 56,000, while the original ship measured about 46,000 gross register tons (GRT).
The maiden voyage of Titanic II is planned to leave not from Southampton to New York (like the original liner), but from Jiangsu China (north of Shanghai) to Dubai UAE.
Since no one owns the Titanic, people are free to recover items from the ship if they are able. The United States granted “salvor-in-possession” status to RMST giving them the legal and exclusive rights to retrieve items from the wreck.
The prices of tickets on the Titanic in 1912 ranged from £870 or $4,350 for a first-class parlor suite to a maximum of £8 or $40 for a third-class passage, according to The Washington Times. A century later, in 2012, those ticket prices equaled a range of $50,000 to $460.