[Update: Some people are encountering a problem reading The Australian article. Apparently in some cases it is requiring you to subscribe first to be able to view. You can read an alternative article here at news.com.au.]
The Australian is reporting that nothing is going on at the CSC Jinling shipyard in Nanjing, China to indicate any construction is taking place. According to the newspaper:
Dozens of workers at the shipyard said they had been informed of the Titanic II plans, but the project was yet to be given the formal go-ahead. “That ship was just a proposal. It’s never been carried out and the project has never launched,” one worker, Mr Wang, said.
Last year Blue Star Line signed a memorandum of understanding with AVIC Kaixin Beijing Ship Industry to help raise awareness of the project and secure investors. No report if that has come to anything tangible. Palmer has his own troubles with China. He is currently locked in a dispute with a Chinese company over royalties and said some unkind words about the Chinese government that made it worse.
People around the shipyard are disappointed. A large project like that means lots of workers which help local businesses get a piece of the action.
“They said the Titanic project would bring in big investment and the shipyard would have to employ more people but people have stopped talking about it and there is even suggestions the ship yard is going to move.”
As Captain Kirk would say about now, “Scotty, beam me up.”