Tag Archives: Titanic news

Premier Exhibitions Bankruptcy Update

This and other Titanic artifacts could be yours! Appraised value is $240 million. All genuine offers considered. Contact Brent Williams at Lincoln International, bwilliams@lincolninternational.com , telephone (212) 257-7750 or Premier’s financial advisors, Marshall Glade, GlassRatner Advisory & Capital Group LLC, mglade@glassratner.com , telephone (404) 835-8844.

The story thus far: Premier Exhibitions, which owns RMS Titanic Inc, has filed for bankruptcy. A decision has been reached to sell the Titanic collection (the artifacts and intellectual property). One problem is the Titanic salvage award limits how those artifacts can be sold: as one collection. Past attempts to sell have failed because the price is too high. And now our story resumes….

Could a famous Hollywood director put together the money needed to buy the collection? The U.K. Daily Mail reports that James Cameron has begun a “secret” rescue mission to bring the Titanic artifacts to the U.K. He has apparently teamed up with Robert Ballard, the National Maritime Museum in Greenwich and the Royal Geographical Society to accomplish this. The figure being reported is £165 million.

Details of this “secret” mission were revealed at a court hearing last week by Ballard. Of course nothing is final and it is the very early stages. I doubt they will be the only party that will be interested. The Chinese would like to add it to their theme park and have money to spend as well. And there are investors in Dubai who also would not mind having the Titanic collection there as well that will draw in tourists. ave Vermillion, spokesman for RMS Titanic Inc, confirmed they have interest from all over the world.

Hopefully this time they will actually sell it to someone who will properly conserve it. The bidding war, if that is what it becomes, ought to be fascinating.

Source: Save the treasures of the Titanic! Director James Cameron launches top-secret £165m bid to rescue artefacts after shipwreck’s ‘owners’ are declared bankrupt (Daily Mail,1 Jul 2017)

Titanic News Stories 1-7 Oct 2011

Due to computer upgrades, I am posting the news articles here.

1. PHS Graduate Writes Titanic Book (7 Oct 2011, KC Community News)
Although many books have been written about the Titanic, Paola High School graduate Stephen Hines wanted readers to experience the tragedy as if they were there with his newest book “Titanic: One Newspaper, Seven Days, and the Truth That Shocked the World.” For a year and a half, Hines pored over 208 articles from London’s “Daily Telegraph,” which was from just one week of coverage after the sinking. His aim with the book is to show readers the roller coaster of emotions the sinking brought with it, he said.

2. Titanic Centennial: Salvage And Memories (6 Oct 2011, New York Times)
On Oct. 21 Philip Weiss Auctions in Oceanside, N.Y., will offer the archive of a couple who spent the last days of their honeymoon on the ship. John Pillsbury Snyder, a Minnesota garage owner and grain-mill heir, and his new bride, Nelle, got into the first lifeboat when the crew sounded warnings. Other first-class passengers on the deck had milled around the Snyders, refusing to disembark, convinced that the Titanic just needed minor repairs. The Snyders’ lifeboat left the wreck half-full; the saved lives onboard included a Pomeranian dog. The family papers, with correspondence on Titanic stationery and photos of rescue ships, are estimated to bring $30,000 to $50,000.

3.  Top Flight Recreation Of Titanic Staircase (6 Oct 2011, Belfast Telegraph)
Sean, Francis and Pius Diamond from the family-run Oldtown Joinery in Bellaghy have been working on the RMS Titanic replica staircase for two months. Sean, who runs the firm, told the Belfast Telegraph that the project has been a painstaking process and “the most challenging” the company has undertaken in its 20-year history. Using mostly traditional joinery techniques as would’ve been the case in the making of the original creation, Sean said there are some little differences. “We are subject to building control, so certain things are different. For example, we’ve had to install a brass handrail for health and safety purposes.

4. View Of Titanic Wreckage A Deep Emotional Experience (5 Oct 2011, Edmonton Journal)
Lytle looks like Captain E.J. Smith, the man at the helm of the Titanic when it sank on April 15, 1912. The resemblance landed him a job with RMS Titanic Inc. and in 2000, a seat on one of their expeditions to the ship wreck and its debris field. This week, Lytle is in Edmonton to play Smith at the opening of Titanic: The Artifact Exhibition at Telus World of Science. Starting on Saturday, visitors can see 200 artifacts recovered from the Titanic, from pieces of the ship to passengers’ personal belongings. They’ll also be issued a replica boarding pass at the door, with the name, age and class of an actual passenger. At the end, they can look on the memorial board to see if they were among the 706 who survived or the 1,522 who perished.

5. Titanic Centenary Must Be Exploited (5 Oct 2011, Belfast Telegraph)
The Belfast Tourism Forum believes that government and industry must work together more closely to exploit the potential from the Titanic’s centenary year in 2012.”We cannot under-estimate the importance of both central and local government continuing to work in close partnership with all the relevant agencies and our highly professional colleagues in the tourism industry to deliver the goods, to the benefit of everyone in the city,” said John McGrillen, Director of Development with Belfast City Council and chairman of the group.

6. WB Woman Shares Family’s Titanic Tale  (3 Oct 2011, Citizens Voice)
“My mother told her, ‘My daughter does not lie. I am a survivor,'” Mae said. Mae shared her mother’s gripping account of surviving the nearly century-old tragedy Friday at a “Last Dinner on the Titanic” event at the Stage Coach Inn in Butler Township. More than 30 people attended the gathering, which was organized by a historical entertainment company known as The Passion Projects. Mae took the audience back to the late night hours of April 14, 1912, when an ocean liner billed as “unsinkable” struck an iceberg on its maiden voyage from England to New York.

7. Conn. Site To Mark 100 Years Since Titanic Sinking (3 Oct 2011, Boston Globe)Mystic Aquarium will mark the 100th anniversary of the sinking of the Titanic with an exhibit that will virtually take visitors to the ocean floor. The aquarium, home of Robert Ballard who discovered the wreck of the British ocean liner in 1985, says it will break ground next month on the exhibit. It is scheduled to open next April.