Titanic Musings On 2015

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Shutterstock

Did you hear that the new Star Wars movie has toppled James Cameron’s Titanic off the throne? Hard to miss it since the entertainment media reminds us with screeching headlines announcing this important fact. There are major rumblings in the Middle East, the Turkish prime minister sees Hitler’s leadership as a positive role model, Russia is getting nasty as well but as long as the new Star Wars movie topples Titanic, that is more important.

Down under Clive Palmer’s dream of Titanic II appears moribund. There is still nothing going on at the Chinese shipyard and no formal contract has been signed for its construction. We did learn that if and when it should launch its first stop from China is Dubai. And Dubai has a serious interest in Titanic thanks to developers wanting to make a movie theme park. China is doing better than Palmer in building their Titanic that will be permanently docked at a theme park. You can stay aboard and even experience what it was like as it sank thanks to a sinking simulator. Oh and you can, for a fee, learn what cremation is like first hand (sans the real heat of course). Palmer may not be moving forward with Titanic but the Chinese are.

Premier Exhibitions saw major changes in the past year. Revenues have been mostly flat overall but costs were taking a big chunk of change. One proposed merger deal fell through and recriminations are now headed to court over that. So they sought out Dinoking and its chairman to try and turn around the company. Also they would like to sell the Titanic artifact collection but the price is so astronomical that it is hard to see anyone putting up that money. And it comes with a big sticker shock in the form of permanent judicial oversight from the U.S. Federal Court in Virginia. My guess is that in the end it will either be sold to a government entity of some kind or a consortium either in the Middle East or China. China and Dubai would seem the logical choices and will not be surprised if Beijing steps in to acquire the collection.

Public Domain

Titanic exhibitions continue to draw large crowds wherever they appear. People are fascinated by the story. Belfast has certainly seen it become a big boost for tourism and business. Titanic Belfast continues to draw them in and recently the Nomadic was made part of the exhibition. The fully restored tender is as close to the real Titanic as we can get. It took a lot of dogged work to get it out of France and then even more work to properly restore it. People are so used to how quickly we can turn out things these days but old seafaring vessels require a lot of special work. You do not splash on a new coat of paint and call it a day. It takes hours of patient work to take out the rot and replace it with new material and replacement parts generally hand crafted. Not unlike San Francisco’s historic cable cars. The original factories have long ceased operation and San Francisco has to make all its replacement parts to keep the cars going up and down hills at about nine miles an hour.

Titanic though is steaming on. It sank in 1912 but is still quite alive and well in different forms. People are learning the real story, which is good because there are plenty of lessons from Titanic we can draw from. Pity is that historical forgetfulness often means those lessons are lost but they can be relearned.