The Independent is reporting:

An Australian mining billionaire has unveiled the blueprints for Titanic II – an exact replica of the doomed original – but played down reports that the new ship will be unsinkable.

“Anything will sink if you put a hole in it…I think it would be very cavalier to say it,” said Clive Palmer, the financial backer and owner of Blue Star Line – the company behind Titanic II.

The compete Independent post by John Hallis here.

(Thanks to Jim from Portland OR for the link)