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

Clive Palmer has revealed plans to create Titanic II with the “same design and facilities” as the legendary vessel – which famously sank on April 15, 1912 after hitting an iceberg – ahead of its maiden voyage from Southampton to New York in 2016.

Speaking at a press conference, he said: “The area [for] passengers will be authentic with the same design and facilities.

“But there will be modern things such as air conditioning and other features we are debating – such as internet on the ship.

“There won’t be TVs in the state rooms, though.”

The replica ship will carry 2,600 passengers and employ 900 crew members, and unlike the original Titanic, there will be enough lifeboats for everyone should disaster strike again more than 100 years later.

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