Clive Palmer is disputing claims Titanic II is stalled according to Sunshine Coast Daily. It has been recently reported that construction was stalled, no contract had been signed, and the Chinese were not as enthusiastic as Palmer had hoped. The attacks, Palmer now says, are politically motivated. He points out they just finished tank testing and that they have signed a memorandum of understanding with a Chinese group. Palmer points out that it took seven years to design Titanic and that they are ordering stuff for the ship. He also said the keel will be laid in the third quarter this year.
However Palmer is no longer committed to an exact date for the first voyage, which initially was to be in 2016.
If online polls are to be believed, most do not believe it will be built. Vegas odds makers are not taking bets at this time on Titanic II construction.
Source: Clive’s Titanic Not Sunk Yet(31 Mar 2014,Sunshine Coast Daily)