The Titanic II Scheduled to Set Sail in 2018

In 2012, Australian billionaire Clive Palmer announced that he was going to build a functioning 1-to-1 scale replica of the Titanic, the BBC reports. The ship was to begin construction in China in 2012, the 100-year anniversary of the Tantic, and set sail in 2016, but it never materialized, and some wondered if the project was dead for good.

Workers finish setting up an exhibition dedicated to the Titanic, at 'Paris Expo', on May 31, 2013, in Paris. JOEL SAGET/AFP/Getty Images

The Titanic II will be built after all.

In 2012, Australian billionaire Clive Palmer announced that he would build a functioning 1-to-1 scale replica of the Titanic, the BBC reported. The ship was to begin construction in China in 2012, the 100-year anniversary of the Titanic, and set sail in 2016, but it never materialized, and some wondered if the project was dead for good.

However, a spokesperson for Palmer recently clarified that the project is not dead, just delayed, and that the new completion date is 2018, the Belfast Telegraph reports.

The Titanic II will be constructed to resemble the original Titanic as much as possible.