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Now Trending: Titanic II to be built by an Australian billionaire

Australian mining tycoon Clive Palmer unveils plans for a 'Titanic II' near-replica cruise ship at a news conference at the Intrepid Sea, Air & Space Museum on February 26, 2013 in New York City. Mario Tama/Getty Images

TORONTO – If you could cruise the Titanic, would you? That’s the question many people on social media are asking today after an Australian billionaire, Clive Palmer, announced that he is going to rebuild a replica of the cruise-liner that sank more than 100 years ago.

Titanic II will be just as luxurious as its predecessor, but it’ll have 21st century technology and amenities, explained Palmer. Titanic II’s maiden voyage is planned for sometime in 2016. It would carry more than 1,600 passengers.

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