UAE firms are in talks with Australian businessman Clive Palmer for partnership deals in his Titanic II project which is set to start construction by the end of the year on a replica of the iconic ocean liner which sank during its maiden voyage across the Atlantic in 1912.
A spokesperson for Blue Star Line, the company behind the project also confirmed talks were also underway to bring the ship to Dubai when it completes construction in 2016.
Australian business mogul Clive Palmer announced plans to build a replica of the infamous ship in April 2012. Ten days later, the eccentric millionaire, whose projects also include plans to build a Jurassic Park-style theme park full of animatronic dinosaurs, signed a deal with the Chinese shipyard CSC Jinling and McDonald said construction plans are moving forward.
A total of 1,502 people were killed when the ocean liner was struck by a iceburg and sank on its maiden voyage across the Atlantic on April 15 1912. While some relatives of passengers who died on the ship have condemned the move to build a replica as insensitive, the project had received a very favourable response.
Interest in the ship peaked in 1997 following the success of the Titanic Hollywood movie, which was directed by James Cameron and starred Leonardo DiCaprio and Kate Winslet. The film went on to earn $1.84 billion and was the most successful movie ever until 2009.