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Page last updated at 09:20 GMT, Saturday, 25 August 2012 10:20 UK

Billionaire's Titanic ambition


The BBC has been given an exclusive interview with the Australian billionaire who is in the process of building a replica of the Titanic.

Clive Palmer, who made his money in mining and property, is at an advanced stage of design, with work on Titanic 2 due to start in China by the end of this year.

The new vessel will be 98% the same as the original, which sank a hundred years ago.

The only differences are safety related, plus things like air conditioning in the cabins.

Our correspondent Duncan Kennedy has been to his home in Queensland to meet him.

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