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Australian billionaire Clive Palmer is building a high-tech replica of the Titanic. But that’s not all!!! Mr. Palmer is also planning to re-create the original voyage from England to New York in 2016.

“It will be every bit as luxurious as the original Titanic, but … will have state-of-the-art 21st-century technology and the latest navigation and safety systems,” Palmer said in a statement. He called the project “a tribute to the spirit of the men and women who worked on the original Titanic.”

In 1912 more than 1,500 people died after the Titanic hit an iceberg in the North Atlantic on its first voyage. It was the world’s largest and most luxurious ocean liner at the time.

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