Titanic II blueprints unveiled

Associated Press
Australian billionaire Clive Palmer speaks during a news conference about his intention to build the Titanic II in New York, Tuesday, Feb. 26, 2013. Palmer is planning to build the ship in China and it is scheduled to sail in 2016.  (AP Photo/Seth Wenig)

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Australian mining entrepreneur Clive Palmer on Feb. 26 unveiled blueprints for Titanic II, a modern replica of the doomed ocean liner, although he stopped short of calling the vessel unsinkable.

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