Legal News

Clive Palmer Misses Gala for Titanic II
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

On Saturday, a gala was held for people interested in meeting the Australian man who is planning to rebuild the Titanic. The gala was held in Macau and the host, Clive Palmer, was not in attendance. Palmer is the man behind the construction of the Titanic II. The guests were served the 11-course meal that passengers on the Titanic ate the night the ship sank, according to The New York Times.

The construction of the ship, which will cost over $200 million, will be constructed in the Chinese city of Nanjing.


Palmer owns five golf courses in Australia and three resorts, one of which is in Tahiti. He also holds mining and other natural resource assets. These assets include a nickel refinery and coal and iron ore deposits in Western Australia and Queensland. The list continues with five corporate jets, 150 racehorses, 100 vintage cars and a collection of dinosaur models.

“There is a sort of grudging respect for him,” said Jason West, a former investment banker who is now an associate professor at Griffith University in Brisbane. “It is very hard to get a handle on him and his business empire, but he has an eye for value — no doubt about it.”

The Titanic II has been christened by Palmer and it should hit the waters by 2016. It will have air conditioning, 840 cabins, and a lot more lifeboats than the original ship. It will be built by CSC Jinling Shipyard in China.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!

Palmer said that China holds a “dominant position in the cargo business, but they have less than 2 percent in passenger ships.”

Palmer also said that the Titanic II “could become a national showcase for China.”

“At my age, you don’t really worry that much about whether you make money or lose money on something,” Mr. Palmer said. “But I’m pretty convinced that it will be a financial bonanza.”



Trademark Paralegal


MAVEN IP is looking for a detail-oriented full-time paralegal assistant with experience and kno...

Apply now

Associate Attorney


Plaintiff\'s Associate Attorney with a minimun 2 or more  years experience in New Jersey Person...

Apply now

Litigation Paralegal


Myers Law Group, LLC is in search of a paralegal with at least 1-2 years of experience in the area o...

Apply now

Remote Attorney Placement Professional


We are currently seeking a legal recruiter to join our Dallas office. The ideal candidate will be pe...

Apply now




Search Now

Litigation Associate Attorney

USA-LA-New Orleans

New Orleans office of a BCG Attorney Search Top Ranked Law Firm seeks litigation associate attorney ...

Apply Now

Labor and Employment Associate Attorney

USA-CA-Rancho Cucamonga

Rancho Cucamonga office of our client seeks labor and employment associate attorney with 1+ year of ...

Apply Now

Associate Attorney


Chicago office of a BCG Attorney Search Top Ranked Law Firm seeks associate attorney with 1-3 years ...

Apply Now

Most Popular


To Top