It is interesting what has happened since my original post on the subject. The reprinted stale news The Independent ran spread through the media. Newspapers, the major news networks, and a lot of blogs ran the story as if it were big news. It proves a theory about mass media today: they pretty much feed off each other and few bother to check the facts. It was amusing to read some of the write-ups. You could see that the editors/writers tried to find something different for their take on the story. At the end it was the same stale news from 2015.
This blog got a lot of hits thanks to jalopnik.com whose more skeptical approach to the story puts the more experienced mass media to shame. MoneyTalksNews has a similar skepticism about the Titanic II project. Krystal Steinmetz zeroes in on the key points and notes that the pictures zapping around the Internet are not the real ship but renderings from several years ago. She also adds (in addition to no construction going on at present) the following:
Plans for the ship could also be capsized by an investigation of Palmer. According to The Sydney Morning Herald, the Australian Securities and Investment Commission is investigating Palmer and the collapse of his company, Queensland Nickel. Palmer could face criminal charges over alleged use of aliases in company dealings and moving money from his failed business into his self-titled political party. The company owes creditors roughly $100 million.
As it stands now the only viable Titanic replica being built is the one being built by the Chinese themselves-for a theme park far away from the coast. This full replica will be permanently docked there (on water), have rooms for people to stay in, and is the infamous one since it will include a sinking simulator as well. So if you desiring to see a full Titanic replica, that is the only one that is actually being built.