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Some wise guy in Australia with too much money on his hands thinks it is a good idea to relaunch a replica of the world's most famous "unsinkable" ship, Titanic. This sounds like it might be a disaster of, well, Titanic proportions.
The full story: Aussie mining tycoon Clive Palmer has the desire to recreate, in perfect scale and to extreme detail, Titanic II. You see, he owns a shipping line called Blue Star Line and he's doing this entire stunt with the help of his own company. Even the plans to build the replica ship have commenced in Finland and a Chinese ship-building company has been secured. If all goes well, the ship will embark on its maiden voyage sometime in 2016 from Southhampton to New York, serving as the line's flagship vessel.